SEC Approves Ether Options Trading, Staking Approval Pending

The U.S. Securities and Exchange Commission (SEC) has cleared the way for options trading in spot Ethereum exchange-traded funds (ETFs), a significant step towards mainstream integration of Ethereum in financial markets. This announcement on April 9th marks a crucial milestone, offering investors greater flexibility to manage risk and participate in Ethereum’s price fluctuations. However, approval for staking – which could significantly enhance the appeal of these ETFs – remains pending. Asset managers are currently waiting for clarity on this front.