03-12-2025, 07:20 AM
Cboe seeks to add staking to Fidelity’s Ether ETF
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTg2YTQtMmE0My03ODA2LWE3N2EtMmNjOGQzNjk2ZmJi.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTg2YTQtMmE0My03ODA2LWE3N2EtMmNjOGQzNjk2ZmJi.jpg" alt="Cboe seeks to add staking to Fidelity’s Ether ETF"></p><p>Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing. <p>The <a data-ct-non-breakable="null" href="https://cdn.cboe.com/resources/regulation/rule_filings/pending/2025/SR-CboeBZX-2025-038.pdf" rel="null" target="null" text="null" title="null">filing</a> marks Cboe’s latest attempt to support staking for the Ether (<a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="null" target="null" text="null" title="https://cointelegraph.com/ethereum-price">ETH</a>) funds traded on its US exchange. </p><p>Cboe’s proposed rule change would allow Fidelity Ethereum Fund (FETH) to “stake, or cause to be staked, all or a portion of the Trust’s ether through one or more trusted staking providers,” the filing said.</p><p>The Fidelity Ethereum Fund is among the most popular Ether ETFs, with nearly $1 billion in assets under management, <a data-ct-non-breakable="null" href="https://etfdb.com/themes/ethereum-etfs/" rel="null" target="null" text="null" title="null">according</a> to data from VettaFi. </p><p>In February, Cboe <a data-ct-non-breakable="null" href="https://www.sec.gov/files/rules/sro/cboebzx/2025/34-102450.pdf" rel="null" target="null" text="null" title="null">asked</a> permission to add staking to another Ether ETF, the 21Shares Core Ethereum ETF.</p><p>Staking Ether enhances returns and involves posting ETH as collateral with a validator in exchange for rewards.</p><p>As of March 11, staking Ether yields approximately 3.3% APR, denominated in ETH, <a data-ct-non-breakable="null" href="https://www.stakingrewards.com/" rel="nofollow noopener" target="_blank" text="null" title="https://www.stakingrewards.com/">according</a> to Staking Rewards.</p><p>Other popular cryptocurrencies, including Solana (<a data-ct-non-breakable="null" href="https://cointelegraph.com/solana-price-index" rel="null" target="null" text="null" title="https://cointelegraph.com/solana-price-index">SOL</a>), also feature staking mechanisms. </p><figure><img alt="Cboe seeks to add staking to Fidelity’s Ether ETF" src="https://s3.cointelegraph.com/uploads/2025-03/019586b9-540b-7fe8-8fe8-84311bcceb36" title=""><figcaption style="text-align: center;"><p><em>Staking rewards by asset type. Source: </em><a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="" target="_self" text="null" title="https://cointelegraph.com/ethereum-price"><em>Staking Rewards</em></a></p></figcaption></figure><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/sec-in-kind-redemptions-bitcoin-ether-etfs" rel="null" target="null" text="null" title="https://cointelegraph.com/news/sec-in-kind-redemptions-bitcoin-ether-etfs"><em><strong>SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFs</strong></em></a></p><h2>Proposed rule changes</h2><p>The US Securities and Exchange Commission must still approve Cboe’s proposed rule changes before staking can commence.</p><p>In February, the SEC acknowledged more than a dozen exchange filings related to cryptocurrency ETFs, according to records.</p><p>The SEC’s acknowledgments highlight how the agency has softened its stance on crypto since US President Donald Trump started his second term on Jan. 20. </p><p>In addition to staking, the filings, submitted by Cboe and other exchanges, addressed proposed rule changes concerning options, in-kind redemptions and new types of altcoin funds.</p><p>Cboe has also asked permission to list Canary and WisdomTree’s proposed XRP (<a data-ct-non-breakable="null" href="https://cointelegraph.com/xrp-price-index" rel="" target="_self" text="null" title="https://cointelegraph.com/xrp-price-index">XRP</a>) ETFs and support in-kind creations and redemptions for Fidelity’s Bitcoin (<a data-ct-non-breakable="null" href="/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) and ETH ETFs, among other proposed changes.</p><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/megaeth-launch-could-save-ethereum-but-at-what-cost/" rel="null" target="null" text="null" title="null"><em><strong>MegaETH launch could save Ethereum… but at what cost?</strong></em></a></p><template data-name="subscription_form" data-type="crypto_biz" label="Subscription Form: Crypto Biz Newsletter"></template></p>
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https://cointelegraph.com/news/cboe-seek...er_inbound
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTg2YTQtMmE0My03ODA2LWE3N2EtMmNjOGQzNjk2ZmJi.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTg2YTQtMmE0My03ODA2LWE3N2EtMmNjOGQzNjk2ZmJi.jpg" alt="Cboe seeks to add staking to Fidelity’s Ether ETF"></p><p>Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing. <p>The <a data-ct-non-breakable="null" href="https://cdn.cboe.com/resources/regulation/rule_filings/pending/2025/SR-CboeBZX-2025-038.pdf" rel="null" target="null" text="null" title="null">filing</a> marks Cboe’s latest attempt to support staking for the Ether (<a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="null" target="null" text="null" title="https://cointelegraph.com/ethereum-price">ETH</a>) funds traded on its US exchange. </p><p>Cboe’s proposed rule change would allow Fidelity Ethereum Fund (FETH) to “stake, or cause to be staked, all or a portion of the Trust’s ether through one or more trusted staking providers,” the filing said.</p><p>The Fidelity Ethereum Fund is among the most popular Ether ETFs, with nearly $1 billion in assets under management, <a data-ct-non-breakable="null" href="https://etfdb.com/themes/ethereum-etfs/" rel="null" target="null" text="null" title="null">according</a> to data from VettaFi. </p><p>In February, Cboe <a data-ct-non-breakable="null" href="https://www.sec.gov/files/rules/sro/cboebzx/2025/34-102450.pdf" rel="null" target="null" text="null" title="null">asked</a> permission to add staking to another Ether ETF, the 21Shares Core Ethereum ETF.</p><p>Staking Ether enhances returns and involves posting ETH as collateral with a validator in exchange for rewards.</p><p>As of March 11, staking Ether yields approximately 3.3% APR, denominated in ETH, <a data-ct-non-breakable="null" href="https://www.stakingrewards.com/" rel="nofollow noopener" target="_blank" text="null" title="https://www.stakingrewards.com/">according</a> to Staking Rewards.</p><p>Other popular cryptocurrencies, including Solana (<a data-ct-non-breakable="null" href="https://cointelegraph.com/solana-price-index" rel="null" target="null" text="null" title="https://cointelegraph.com/solana-price-index">SOL</a>), also feature staking mechanisms. </p><figure><img alt="Cboe seeks to add staking to Fidelity’s Ether ETF" src="https://s3.cointelegraph.com/uploads/2025-03/019586b9-540b-7fe8-8fe8-84311bcceb36" title=""><figcaption style="text-align: center;"><p><em>Staking rewards by asset type. Source: </em><a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="" target="_self" text="null" title="https://cointelegraph.com/ethereum-price"><em>Staking Rewards</em></a></p></figcaption></figure><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/sec-in-kind-redemptions-bitcoin-ether-etfs" rel="null" target="null" text="null" title="https://cointelegraph.com/news/sec-in-kind-redemptions-bitcoin-ether-etfs"><em><strong>SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFs</strong></em></a></p><h2>Proposed rule changes</h2><p>The US Securities and Exchange Commission must still approve Cboe’s proposed rule changes before staking can commence.</p><p>In February, the SEC acknowledged more than a dozen exchange filings related to cryptocurrency ETFs, according to records.</p><p>The SEC’s acknowledgments highlight how the agency has softened its stance on crypto since US President Donald Trump started his second term on Jan. 20. </p><p>In addition to staking, the filings, submitted by Cboe and other exchanges, addressed proposed rule changes concerning options, in-kind redemptions and new types of altcoin funds.</p><p>Cboe has also asked permission to list Canary and WisdomTree’s proposed XRP (<a data-ct-non-breakable="null" href="https://cointelegraph.com/xrp-price-index" rel="" target="_self" text="null" title="https://cointelegraph.com/xrp-price-index">XRP</a>) ETFs and support in-kind creations and redemptions for Fidelity’s Bitcoin (<a data-ct-non-breakable="null" href="/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) and ETH ETFs, among other proposed changes.</p><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/megaeth-launch-could-save-ethereum-but-at-what-cost/" rel="null" target="null" text="null" title="null"><em><strong>MegaETH launch could save Ethereum… but at what cost?</strong></em></a></p><template data-name="subscription_form" data-type="crypto_biz" label="Subscription Form: Crypto Biz Newsletter"></template></p>
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https://cointelegraph.com/news/cboe-seek...er_inbound