SEC Delays its Decision on Spot Ethereum ETF Options One More Time

The SEC has decided to delay its decision on whether to allow options trading on Spot Ethereum exchange-traded funds (ETFs) once again.

In a filing on November 8th, the agency stated that it is seeking further input from the public and experts on the potential impact of the proposed change. This delay comes after a similar delay in September, when the SEC received no comments on the proposal.

In July, the NYSE American submitted a proposal to allow the listing and trading of options on various Ethereum-related ETFs.

Despite approving options trading for Spot Bitcoin ETFs in October, the SEC has yet to make a decision on the same for Ethereum ETFs.

The agency has once again asked for public comments, with a 21-day window for initial comments and 35 days for “rebuttal comments.”