BlackRock Files for Options on Spot Ethereum ETFs
Options are financial derivatives that grant investors the right, but not the obligation, to buy or sell an underlying asset (in this case, Ethereum Spot ETFs) at a specified price before a certain date
BlackRock has applied for options trading for Ethereum Spot ETFs, as stated in SEC documents.
Option trading for ETFs (exchange-traded funds) involves buying and selling options contracts based on the ETFs' performance. Options are financial derivatives that grant investors the right, but not the obligation, to buy or sell an underlying asset (in this case, Ethereum Spot ETFs) at a specified price before a certain date.
Bitcoin and Ethereum will be the only cryptocurrencies traded via exchange-traded funds (ETFs) in the near future, according to Samara Cohen, Chief Investment Officer for ETF and Index Investments at BlackRock, the world's largest asset manager, in a previous statement.
