Bitcoin and Ether: Nasdaq Prepares a Major Turn for ETF Options

The crypto derivatives market could cross a new regulatory milestone. Nasdaq has submitted to the Securities and Exchange Commission a proposal aimed at simplifying the listing of options linked to crypto ETFs. The text mainly seeks to set common criteria for funds exposed to digital commodities. This approach comes as U.S. regulations remain in flux. This approach comes as U.S. regulations remain in full development.

In brief

Nasdaq Proposes a Common Framework for Options

The proposal submitted by Nasdaq to the Securities and Exchange Commission (SEC) bears the number SR-ISE-2026-42. It aims to amend the rules applicable to options on certain investment funds linked to digital commodities.

The text notably provides that at least 85% of a fund’s net asset value rests on assets underlying derivative contracts. These contracts must be traded on markets with comprehensive surveillance and data-sharing agreements. The Intermarket Surveillance Group can also meet this condition.