PANews reported on April 10 that according to The Block, the U.S. Securities and Exchange Commission (SEC) has approved options trading for spot Ethereum ETFs. In an "accelerated approval" document filed on Wednesday, the SEC said it had approved Nasdaq ISE, LLC's application for BlackRock's iShares Ethereum Trust options trading. The agency also approved NYSE American LLC's proposal to conduct options trading on the Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust.

James Seyffart, ETF analyst at Bloomberg Intelligence, wrote on the X platform that the SEC's approval of the spot Ethereum ETF was expected. Nate Geraci, president of ETF Store, said that the issuer is expected to launch a series of new products, including covered call option strategy Ethereum ETF and buffered Ethereum ETF.