SEC Takes Action: Ethereum ETF Options Approved, Price Tests $1700 Level

The U.S. Securities and Exchange Commission (SEC) has approved options trading on spot Ethereum ETFs, offering new avenues for investors to engage with the asset. This move follows a similar approval granted for Bitcoin-spot ETFs, marking a significant step forward in regulating the cryptocurrency market. 25,000 contract limit on exchanges like Nasdaq ISE has been implemented to mitigate risks of market manipulation while maintaining investor access.