5 May 2025
📈SEC Proposes Rule Change for Franklin Crypto Index ETF Staking
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 Franklin Crypto Index ETF To Permit Staking
Summary
The Securities and Exchange Commission (SEC) is considering a proposed rule change to amend regulations governing the listing and trading of shares of the Franklin Crypto Index ETF, allowing for staking. The extended review period will give the SEC more time to assess the implications of this change and any feedback received.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change regarding the listing and trading of the Franklin Crypto Index ETF for staking could create new investment opportunities and compliance requirements for financial firms. Businesses may need to adapt to changes in the regulatory landscape associated with cryptocurrency investments.