Grayscale and Bitwise jointly apply to the New York Stock Exchange to launch Ethereum spot ETF options trading

BlockBeats news, on August 8, according to The Block, Grayscale and Bitwise jointly with the New York Stock Exchange submitted a rule change to the U.S. Securities and Exchange Commission (SEC), proposing to list and trade options for the Bitwise Ethereum ETF, Grayscale Ethereum Trust and Grayscale Ethereum Mini Trust.

The document stated: "The trading platform believes that providing this option will benefit investors because it provides investors with a relatively low-cost investment tool to help them gain exposure to spot Ethereum, while also providing them with a hedging tool to meet their investment needs for Ethereum products and positions." Comments on the proposal will be submitted within 21 days. According to previous news, BlackRock and Nasdaq have also applied to launch Ethereum spot ETF options trading.