The Cboe BZX Exchange has submitted a proposal to the Securities and Exchange Commission to allow staking for the 21Shares Core Ethereum ETF.
What Happened: The request, filed through Form 19b-4, aims to modify the ETF’s structure so that Ethereum (CRYPTO: ETH) held within the fund can participate in staking activities.
This move represents a significant development in the cryptocurrency investment space, as it would allow ETF investors to earn staking rewards, similar to how dividend-paying stocks generate passive income.
The filing states that these changes were made in collaboration with the ETF sponsor to enhance the fund’s utility while maintaining its primary function as an Ethereum investment vehicle.
Bloomberg Intelligence ETF analyst James …
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