20 Jun 2025
💹SEC Proposes Rule Change for Franklin Ethereum ETF Staking
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Order Instituting 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 Securities and Exchange Commission is evaluating a proposed rule change from Cboe BZX Exchange to amend the listing and trading rules for the Franklin Ethereum ETF, specifically to permit staking of ether. This change could alter trading dynamics and regulatory frameworks within the cryptocurrency market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC is considering a proposed rule change that would allow the staking of ether by the Franklin Ethereum ETF, which impacts regulatory compliance and could influence trading strategies and product offerings in the cryptocurrency market. Business owners must stay informed to navigate potential financial regulations associated with such changes.