Cboe seeks to add staking to Fidelity’s Ether ETF
Cboe BZX has filed for permission with US regulators to integrate staking into Fidelity’s Ether exchange-traded fund (ETF). This move marks Cboe’s continued efforts to facilitate staking within its Ether funds, specifically targeting the Fidelity Ethereum Fund (FETH), which boasts nearly $1 billion in assets under management. The proposed rule change would permit the Fidelity Ethereum Fund to stake a portion of its ether via trusted providers, potentially enhancing returns for investors. Currently, staking Ether yields about 3.3% APR, based on data from Staking Rewards. Cboe's earlier request to introduce staking to the 21Shares Core Ethereum ETF indicates an ongoing trend in the market. The US Securities and Exchange Commission (SEC) must approve any proposed changes before staking can be implemented. Recent acknowledgments from the SEC suggest a shift in its stance on cryptocurrency ETFs since early 2025, with several proposals on the table regarding options, in-kind redemptions, and new altcoin funds. Cboe has also sought to list additional cryptocurrency ETFs, including those associated with Canary and WisdomTree.
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