Online reports that the Cboe BZX exchange has proposed amending Rule 19.3 to allow the exchange to launch Ethereum spot ETF options trading, a "competitive filing" based on a similar proposal filed by the U.S. branch of the New York Stock Exchange, which is currently awaiting approval from the U.S. Securities and Exchange Commission. The document specifically mentions the Bitwise Ethereum ETF, the grayscale Ethereum Trust, the grayscale Ethereum Mini Trust, and "any trust that holds Ethereum." Cboe BZX wrote in the filing: "The exchange believes that offering options on the Ethereum Fund will benefit investors by providing them with additional, relatively low-cost investment vehicles to gain exposure to spot Ethereum and a hedging tool to meet their investment needs in Ethereum products and positions.”