Cboe Pushes for Ether Staking in ETFs With New SEC Filings
Cboe has submitted amended 19b-4 filings to the U.S. Securities and Exchange Commission (SEC), requesting approval for staking within spot Ether (ETH) exchange-traded funds (ETFs). The move comes as the crypto industry anticipates a more favorable regulatory environment under the new administration.
Initially, several ETF issuers planned to include staking before their approval in July, but the SEC required them to remove the feature. Now, with leadership changes at the SEC, Cboe has filed on behalf of Fidelity Ethereum Fund (FETH) and Franklin Ethereum ETF (EZET) to allow staking, which could provide investors with additional yield on their holdings.
The filing follows the departure of SEC Chair Gary Gensler, who resigned ahead of President Trump’s return to office. Acting Chair Mark Uyeda has already overseen pro-crypto policy shifts, and nominee Paul Atkins is expected to take a more market-friendly approach once confirmed.
ETF analysts see the move as a likely success. James Seyffart of Bloomberg Intelligence stated, “With the changing regulatory stance, staking in ETFs seems like the next logical step. We could see approvals by year-end.”
Meanwhile, ETF providers continue expanding into altcoins, with recent registrations for Sui (SUI) and Aptos (APT) ETFs and ongoing SEC reviews for Solana (SOL) and XRP (XRP) products.
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