Regulation
Crypto’s New Regulatory Era Means Fresh Opportunity for ETFs
- ‘It’s something we’re working on aggressively,’ says Bitwise
- The new Trump administration has embraced the crypto industry
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Cboe BZX Exchange Inc. is asking regulators to open the door for staking on a number of Ether-based exchange-traded funds, joining another platform in the race for investors to potentially earn passive income on their crypto holdings.
Cboe’s filing this week with the US Securities and Exchange Commission is appealing for the approval of staking for Fidelity’s Ethereum Fund. The company had previously submitted similar paperwork for the 21Shares Core Ethereum ETF. Another exchange, NYSE Arca Inc., has asked regulators for the staking option on Ethereum products from Grayscale Investments.