Cboe BZX has filed with US regulators to allow staking in Fidelity’s Ethereum exchange-traded fund (ETF). This move is part of Cboe's ongoing efforts to enhance Ether funds on its platform. The proposed rule change would enable the Fidelity Ethereum Fund (FETH) to stake a portion of its ether through trusted providers. The Fidelity Ethereum Fund is one of the leading Ether ETFs, managing nearly $1 billion in assets. Cboe had previously sought to add staking features to another Ether ETF, the 21Shares Core Ethereum ETF. Staking allows Ether holders to enhance returns by locking up their ETH with a validator, yielding around 3.3% APR in ETH. The US Securities and Exchange Commission (SEC) must give its approval for these rule changes before staking can begin. The SEC has shown a more accommodating stance towards crypto ETFs since President Trump’s return to office. In addition to the staking proposal, Cboe has submitted several filings concerning other regulatory changes for crypto ETFs.

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