Odaily News Cboe BZX Exchange has filed a change seeking to allow staking of the 21Shares Core Ethereum ETF and awaits the next action from the U.S. SEC. The filing states: “Based on discussions with the sponsor, the Exchange proposes to amend several sections of ETH ETP Amendment No. 2 to allow staking of Ethereum held by the Trust.”
Bloomberg ETF analyst James Seyffart suggested Wednesday’s filing is the first ETF to be filed with the SEC that allows for staking.
The SEC approved the 21Shares Core Ethereum ETF last year, as well as Ethereum ETF applications from companies such as BlackRock and Fidelity. Many companies removed pledges from registration statements before the agency approved them. The agency, under the leadership of former SEC Chairman Gary Gensler, has previously said that proof-of-stake tokens are securities. The SEC is expected to take a friendlier stance on cryptocurrencies under the Trump administration and has formed a cryptocurrency working group with plans to classify some tokens as "non-securities." (The Block)