20 Jun 2025
💹SEC Review of Cboe BZX's Proposed Rule Change for Crypto ETF
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 Crypto Index ETF To Permit Staking of the Ether Held by the Trust Under Rule 14.11(e)(4) (Commodity-Based Trust Shares)
Summary
The SEC is evaluating a proposed rule change by Cboe BZX Exchange to amend the listing and trading rules for the Franklin Crypto Index ETF, permitting the staking of ether. This move could influence regulatory compliance and the market dynamics of cryptocurrency investment. Comments from interested parties are encouraged to guide the Commission's decision.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory text addresses a proposed rule change by Cboe BZX Exchange to allow staking of ether by the Franklin Crypto Index ETF, which could impact businesses involved in cryptocurrency trading and investing, affecting compliance and financial operations.