Cboe BZX files landmark SEC request to enable staking for 21Shares’ Ethereum ETF

The CBOE BZX exchange requests the approval of the dry to introduce a stimulation for the base negotiated basic stock market 21Shares Ethereum.

In a recent filling Subjected in the form of a 19b-4 form, CBOE BZX requested the approval of the dry for Ethereum (Ethn) held in the fund to be reached. It is the first time that an ETF in the United States has proposed a stake. If it is approved, this would allow investors to win rewards by punctuating their ether, which is not currently possible in ETHEREUM.

The clearing is to lock ETH to help secure the Ethereum network while gaining passive income in the process. Stimulation could open new opportunities to investors to obtain additional yields in relation to the restraint of ETH ETH. CBOE BZX plans to use a “point-and-click” method for the milestone, which means that the ETH will not be moved, which reduces the risk of theft during the implementation process.

Despite being approved Last year, the 21shares Core ETF ETF did not mark out. The dry hesitated to make it possible to mark out the ETFs because of the concerns that it would violate the laws on securities. However, the changes in leadership within the SEC have renewed the confidence of investors that the regulator could finally consider stimulating ETF products.

The SEC SECRISTER PIERCE commissioner was advocacy For regulatory changes that would allow ETF ETHEREUM to include stimulation. Bloomberg ETF analyst James Seyffart expressed optimism about the chances of the file, saying he thought he will probably be approved. It remains cautious given the uncertainty that surrounds regulatory decisions.

This news increased the price of Ethereum by almost 6% shortly after the announcement. SEC now has 240 days to decide on demand. If it is approved, change could encourage more investment In ETHEREUM ETF and help to strengthen arguments for Ethereum as long -term investment.