15 Sep 2025
📈SEC Proposes Rule Change for Franklin Ethereum ETF Staking
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Amend the Rules Governing the Listing and Trading of Shares of the Franklin Ethereum ETF To Permit Staking Under Rule 14.11(e)(4) (Commodity-Based Trust Shares)
Summary
The SEC has announced a longer period for reviewing Cboe BZX Exchange's proposed rule change to allow staking of shares in the Franklin Ethereum ETF. This change, under Rule 14.11(e)(4), seeks to amend the listing and trading rules for commodity-based trust shares, indicating an evolving regulatory landscape for cryptocurrency investments.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content discusses a proposed rule change involving the Franklin Ethereum ETF, specifically permitting staking. This has financial implications for businesses involved in trading ETFs and cryptocurrency, as the SEC's approval could influence market dynamics and investment strategies.