SEC approves Nasdaq ISE rule to list options on ETPs holding “digital commodities”
On November 10 (U.S. time), the SEC approved Nasdaq ISE’s rule SR-ISE-2026-42 (Release No. 34-106863) on an accelerated basis, one day ahead of the November 11 deadline.
Key points:
• Nasdaq ISE may list options on shares of commodity funds holding “digital commodities” if the funds meet the general standards; separate SEC approval is not required for each product
• Each asset in a fund must have an average daily market value of at least USD 700 million over the past 12 months
• At least 85% of a fund’s net asset value must be invested in assets with derivatives contracts traded on a market that has a surveillance-sharing agreement with the exchange
• According to Genfinity, the SEC and its staff currently classify 19 assets as digital commodities, including $BTC, $ETH, $SOL, $XRP, $ADA, $AVAX, $LINK, $DOGE, $LTC, $BCH and $HBAR
Note:
• This is a change to the regulatory framework: each ETP must still be listed separately, and options can only be listed after the qualifying fund has begun trading
• No new options products have launched yet
Sources: SEC (filing SR-ISE-2026-42), Regulus, Genfinity
This is news, not investment advice.
#SEC #ETF #crypto
On November 10 (U.S. time), the SEC approved Nasdaq ISE’s rule SR-ISE-2026-42 (Release No. 34-106863) on an accelerated basis, one day ahead of the November 11 deadline.
Key points:
• Nasdaq ISE may list options on shares of commodity funds holding “digital commodities” if the funds meet the general standards; separate SEC approval is not required for each product
• Each asset in a fund must have an average daily market value of at least USD 700 million over the past 12 months
• At least 85% of a fund’s net asset value must be invested in assets with derivatives contracts traded on a market that has a surveillance-sharing agreement with the exchange
• According to Genfinity, the SEC and its staff currently classify 19 assets as digital commodities, including $BTC, $ETH, $SOL, $XRP, $ADA, $AVAX, $LINK, $DOGE, $LTC, $BCH and $HBAR
Note:
• This is a change to the regulatory framework: each ETP must still be listed separately, and options can only be listed after the qualifying fund has begun trading
• No new options products have launched yet
Sources: SEC (filing SR-ISE-2026-42), Regulus, Genfinity
This is news, not investment advice.
#SEC #ETF #crypto