17 Mar 2025
📈Cboe BZX Seeks Approval for Ethereum ETF Staking Rule Change
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 21Shares Core Ethereum ETF To Permit Staking
Summary
The Cboe BZX Exchange has proposed a rule change to amend the regulations governing the listing and trading of shares of the 21Shares Core Ethereum ETF, specifically to allow staking. This proposal is currently under review by the SEC, which has extended its decision deadline to May 26, 2025, allowing more time to consider the implications of this change.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines a proposal for a rule change by the Cboe BZX Exchange to allow the Ethereum ETF to permit staking, which may significantly impact businesses involved in cryptocurrency investments and compliance. Businesses must stay alert for the Commission's decision (due by May 26, 2025), which could affect trading operations and investment strategies.