The US SEC has postponed its decision on options trading for BlackRock's Ethereum ETF, the iShares Ethereum Trust (ETHA). This comes after approving options trading for BlackRock's iShares Bitcoin Trust (IBIT).
The SEC delayed making a ruling on the proposed rule change for BlackRock Ethereum options trading to November 10th.
Additionally, the decision on NYSE American's proposed rule change to list and trade options on Bitwise and Grayscale Ethereum ETFs has also been delayed to November 11th.
Approval of these options would provide a lower-cost way for investors to gain exposure to Ethereum and make crypto investments more accessible.