SEC 暂停以太坊 ETF 期权

美国证券交易委员会（SEC）推迟对纳斯达克拟议的规则变更做出决定，以允许期权上市和交易

The United States Securities and Exchange Commission (SEC) has postponed making a decision on whether to approve Nasdaq’s proposed rule change that would allow the listing and trading of options on BlackRock’s Ethereum exchange-traded fund (ETF).

美国证券交易委员会（SEC）推迟决定是否批准纳斯达克拟议的规则变更，该规则变更将允许贝莱德的以太坊交易所交易基金（ETF）期权上市和交易。

The decision was initially expected on Sept. 26, but the SEC has now pushed the deadline to Nov. 10, according to a press release on Tuesday.

据周二的新闻稿称，该决定最初预计于 9 月 26 日做出，但 SEC 目前已将最后期限推迟至 11 月 10 日。

“The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change,” the SEC said in the press release.

美国证券交易委员会在新闻稿中表示：“委员会认为指定更长的期限对拟议的规则变更采取行动是适当的，以便有足够的时间考虑拟议的规则变更。”

In a separate filing, the SEC also postponed a decision on NYSE American LLC’s proposed rule change to list and trade options on the Bitwise Ethereum ETF, the Grayscale Ethereum Trust, and the Grayscale Ethereum Mini Trust. The new deadline for NYSE American is Nov. 11.

在另一份文件中，美国证券交易委员会还推迟了对纽约证券交易所美国有限责任公司提议的规则变更做出决定，以列出和交易 Bitwise 以太坊 ETF、灰度以太坊信托和灰度以太坊迷你信托的期权。纽约证券交易所美国股票的新截止日期是 11 月 11 日。

If approved, these options on the ETH ETFs will follow the same listing and trading rules as other trusts, including criteria for underlying securities, expirations, strike prices, and trading halts.

如果获得批准，ETH ETF 的这些期权将遵循与其他信托相同的上市和交易规则，包括基础证券、到期日、执行价格和交易暂停的标准。

Nasdaq filed with the SEC to list and trade options linked to BlackRock’s ETHA on Aug. 6. The move aims to expand the available investment tools for Ethereum and make crypto more accessible to traditional investors.

纳斯达克于 8 月 6 日向 SEC 提交了与贝莱德 ETHA 相关期权的上市和交易申请。此举旨在扩大以太坊可用的投资工具，并使传统投资者更容易获得加密货币。

The exchange added that the rule change would benefit investors by providing a lower-cost method to gain exposure to Ether, the second-largest cryptocurrency by market capitalization, and cater to their investment needs, which often include hedging and speculating.

该交易所补充说，规则的改变将有利于投资者，因为它提供了一种更低成本的方法来获得以太币（按市值计算的第二大加密货币），并满足他们的投资需求，其中通常包括对冲和投机。

For the uninitiated, options are a crucial instrument for traders who wish to hedge against potential losses in their investments or to speculate on the future price of an underlying asset, such as a stock or ETF. Options offer flexibility as they give the buyer the option to buy or sell an asset at a specified price and on a predetermined date.

对于外行来说，期权是希望对冲投资潜在损失或推测股票或 ETF 等标的资产未来价格的交易者的重要工具。期权提供了灵活性，因为它们为买方提供了在预定日期以指定价格购买或出售资产的选择权。

The postponement comes after the SEC approved options trading for BlackRock’s iShares Bitcoin Trust (IBIT) last week. Bloomberg’s senior ETF analyst Eric Balchunas described the move as a “huge win” for Bitcoin ETFs as it is expected to eventually attract more liquidity and, in turn, more “big fish.”

此次推迟是在美国证券交易委员会上周批准贝莱德 iShares 比特币信托 (IBIT) 的期权交易之后进行的。彭博社的高级 ETF 分析师埃里克·巴尔丘纳斯 (Eric Balchunas) 将此举描述为比特币 ETF 的“巨大胜利”，因为预计它将最终吸引更多的流动性，进而吸引更多的“大鱼”。