Cboe Pushes for Ether Staking in ETFs With Amended SEC Filings
Cboe has submitted amended 19b-4 filings to the U.S. Securities and Exchange Commission (SEC), requesting approval for staking in several spot Ether (ETH) exchange-traded funds (ETFs)—a move that helped push ETH’s price up by 2% in the last 24 hours.
When the spot Ether ETFs were approved in July, some issuers initially included staking in their applications. However, the SEC forced them to remove it, citing concerns at the time. Now, with a more crypto-friendly regulatory environment, Cboe has resubmitted requests for Fidelity Ethereum Fund (FETH) and Franklin Ethereum ETF (EZET) to enable staking.
The shift follows Gary Gensler’s resignation as SEC Chair ahead of President Donald Trump’s inauguration. While Paul Atkins—Trump’s nominee to lead the SEC—awaits Senate confirmation, acting Chair Mark Uyeda has already overseen several pro-crypto ETF approvals, raising hopes for staking’s green light.
“There’s still some details to work through, but we expect the SEC to approve staking in ETFs this year,” said James Seyffart, an ETF analyst at Bloomberg Intelligence.
Beyond Ether staking, issuers have expanded their ETF ambitions. In the last week, Delaware-based companies have been formed for Sui (SUI) and Aptos (APT) ETFs, while the SEC continues to review applications for Solana (SOL) and XRP (XRP) ETFs.
