5 May 2025
💹Cboe BZX Exchange Proposes Rule Change for Fidelity Ethereum Fund
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend the Rule Governing the Listing and Trading of Shares of the Fidelity Ethereum Fund To Permit Staking
Summary
The Cboe BZX Exchange has filed a proposed rule change with the SEC to amend the regulations governing the listing and trading of Fidelity Ethereum Fund shares, allowing for staking. The SEC has extended the review period for this proposal to ensure thorough consideration of its potential impact and issues raised.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by the Cboe BZX Exchange to allow staking for the Fidelity Ethereum Fund has significant regulatory implications for business owners and executives involved in the investment and cryptocurrency industries. Compliance with SEC regulations and potential market opportunities for staking business models are relevant considerations.