SEC's approval of Ether ETF options specifically amends exchange rules to permit listing and trading of options on the trusts, creating new investing tools for institutional participants

Quotes that support claims

The Exchange states that options on the Trust will provide investors with an additional, relatively lower cost investing tool to gain exposure to spot ether as well as a hedging vehicle to meet their needs in connection with ether products and positions.

“[T]he Exchange proposes to amend its rules to permit the listing and trading of options on the Trust,” the SEC said in its response to the Nasdaq, adding: