**Nasdaq Requests SEC Approval for Options Trading on BlackRock’s New Ethereum Trust**
In a significant development for the cryptocurrency market, Nasdaq has officially requested the U.S. Securities and Exchange Commission (SEC) to approve options trading on BlackRock’s newly launched Ethereum Trust. This move signals growing institutional interest and confidence in Ethereum, a leading cryptocurrency represented by the ticker $ETH.
BlackRock’s Ethereum Trust aims to provide investors with exposure to Ethereum without the complexities of directly purchasing and holding the digital asset. If approved, the availability of options trading would offer more sophisticated investment strategies for institutional and retail investors alike, further integrating traditional finance with the burgeoning crypto market.