3 Jul 2025
💰SEC Considers Staking Proposal for Bitwise Ethereum ETF
Self-Regulatory Organizations; NYSE Arca, Inc.; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, To Amend the Rule Governing the Listing and Trading of Shares of the Bitwise Ethereum ETF To Permit Staking Under Rule 8.201-E (Commodity-Based Trust Shares)
Summary
The Securities and Exchange Commission is evaluating a proposed rule change by NYSE Arca to amend regulations governing the listing of the Bitwise Ethereum ETF, specifically to allow staking of ether. This order initiates proceedings to determine if the change meets federal securities standards, inviting public comments and feedback on the proposal.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to allow staking of ether held by the Bitwise Ethereum ETF may have significant implications for investment strategies, impacting the asset's liquidity and return potential. It also raises compliance considerations under federal securities law, affecting how businesses involved in ETFs may operate.