27 Jun 2025
💰SEC Notice on Cboe BZX Proposed Rule Change for Ethereum ETF
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change, as Modified by Amendment No. 1, To Amend the Rule Governing the Invesco Galaxy Ethereum ETF To Permit Staking
Summary
The SEC has published a notice regarding a proposed rule change by Cboe BZX Exchange, allowing the Invesco Galaxy Ethereum ETF to engage in staking ether. This modification seeks to improve investor returns and enhance tracking of ether value, providing clarity and detail on the staking process within the fund's operations.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change allows the Invesco Galaxy Ethereum ETF to stake its ether, enhancing potential income from staking rewards and improving the overall efficiency of the Trust. This regulatory update could influence investment strategies for asset managers and business executives in the crypto space.