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- BlackRock files amendments to bring IBIT and ETHA under generic listing standards.
- BTC ETF surpasses Deribit in options trading, signaling Wall Street adoption.
- SEC’s new rules shorten crypto ETF approval from 240 to 75 days.
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Financial giant BlackRock has filed with the U.S. Securities and Exchange Commission (SEC) to amend its iShares Bitcoin ETF (IBIT) and iShares Ethereum ETF (ETHA). According to filings on September 29, the changes aim to bring both ETFs under Nasdaq’s generic listing standards. If approved, the funds will operate under updated rules rather than the original filing terms, streamlining regulatory compliance. Nasdaq has also requested the SEC to waive the five-day prior notice period, allowing amendments to take effect in Q1 2026.
New SEC Rules Accelerate Crypto ETF Listings
The move follows the SEC’s introduction of Generic Listing Standards for crypto ETFs, effective October 1. These standards allow exchanges like Nasdaq, NYSE, and Cboe to list commodity-based trust shares for eligible spot commodities—including digital assets—without a lengthy 19b-4 approval process. The updated rules reduce approval timelines from 240 days to just 75, signaling a faster route for crypto ETFs. Other major players, including Fidelity, VanEck, and 21Shares, have also submitted amendments to comply with the new standards.
Also Read: BlackRock Tokenized ETFs: How Crypto and Stocks Could Transform Investing
BlackRock Bitcoin ETF Surpasses Deribit
In a milestone for the crypto market, BlackRock’s Bitcoin ETF has overtaken Deribit to become the largest platform for BTC options. Following a $23 billion crypto options expiry, open interest on IBIT reached nearly $38 billion, surpassing Deribit’s $32 billion. BlackRock currently manages $87.71 billion in Bitcoin ETF assets, while BTC trades above $114,100. Analysts view this as a major sign of Wall Street’s growing influence in the crypto industry, with investors closely watching potential staking approvals for spot Ethereum ETFs.
Wall Street’s Crypto Momentum
BlackRock’s ETF amendments and its leading position in BTC options mark a critical shift in institutional adoption of cryptocurrencies. The SEC’s new listing rules accelerate market access, signaling broader acceptance of digital assets. With both Bitcoin and Ethereum ETFs now on the path to streamlined approval, 2026 could be a pivotal year for mainstream crypto investment.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
