Share this article
Cboe Files Several Amended Documents to Allow Ether Staking in ETFs
The exchange filed amended 19b-4 documents with the Securities and Exchange Commission asking to allow staking of the ETFs.
Updated Mar 11, 2025, 4:38 p.m. Published Mar 11, 2025, 3:49 p.m.
Make us preferred on Google
What to know:
- Cboe has filed to allow staking in spot ether ETFs, a move that could mark a shift in SEC policy under its new leadership.
- The SEC previously blocked staking in ETFs, but with Commissioner Mark Uyeda as acting chair, analysts expect the rule to change this year.
- Beyond ether staking, firms are expanding ETF offerings to other digital assets, including Solana, XRP, Sui, and Aptos.
National securities exchange Cboe is asking the U.S. Securities and Exchange Commission (SEC) to allow staking in several spot ether exchange-traded funds (ETFs), sending the price of token 2% higher over the past 24 hours.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Before the funds launched in July, several issuers included staking in their applications. However, the SEC later required them to remove the feature, as the Commission was not allowing it at the time.
Cboe, which is associated with five of the issuers of an ether ETF, including Fidelity, Franklin Templeton, VanEck, and Invesco/Galaxy, on Tuesday, filed amended 19b-4 documents for the Fidelity Ethereum Fund (FETH) and the Franklin Ethereum ETF (EZET), to allow staking.
The move comes after former SEC chair Gary Gensler left the Commission; he resigned shortly before the inauguration of crypto-friendly President Donald Trump in January.
Trump's nominee to run the SEC, Paul Atkins, hasn't been scheduled for a hearing or confirmation vote in the Senate yet. Commissioner Mark Uyeda is the acting chair until Atkins is sworn in. Under Uyeda's watch, the SEC has made several positive moves in regards to other crypto-related ETF applications, spurring hope that staking might see a positive response from Commissioners.
Cboe’s request to stake will likely be approved, said James Seyffart, ETF analyst at Bloomberg Intelligence. “There’s still things that need to be sorted but we expect the SEC will allow staking in the ETFs this year,” he said.
Beyond adding staking, companies have filed to launch ETF products for a range of digital assets. In the last week, companies set up Delaware companies for and Aptos , and the SEC is already reviewing several applications for Solana and XRP , among others.
Correction (March 11, 2025, 16:40 UTC): Corrects Cboe descriptor.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing
Bitcoin’s onchain data points to supply overhang and weak participation, while gold’s breakout is priced by markets as a durable macro regime shift.
What to know:
- Gold’s surge above $5,000 an ounce is increasingly seen as a durable regime shift, with investors treating the metal as a persistent hedge against geopolitical risk, central bank demand and a weaker dollar.
- Bitcoin is stuck near $87,000 in a low-conviction market, as on-chain data show older holders selling into rallies, newer buyers absorbing losses and a heavy supply overhang capping moves toward $100,000.
- Derivatives and prediction markets point to continued consolidation in bitcoin and sustained strength in gold, with thin futures volumes, subdued leverage and weak demand for higher-beta crypto assets like ether reinforcing the cautious tone.
Top Stories
