29 May 2025
📈SEC Proposes Rule Change for 21Shares Core 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 21Shares Core Ethereum ETF To Permit Staking Under Rule 14.11(e)(4) (Commodity-Based Trust Shares)
Summary
The Securities and Exchange Commission is considering a proposed rule change by Cboe BZX Exchange to amend listing rules for the 21Shares Core Ethereum ETF, allowing ether staking. The Commission invites public comments on the change, which raises legal and policy considerations.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document discusses a proposed rule change by Cboe BZX Exchange to allow staking of ether in the 21Shares Core Ethereum ETF, which may influence investment strategies and regulatory compliance for businesses engaged in cryptocurrency trading and holdings.