Cboe BZX Exchange submitted a proposal to allow 21Shares Ethereum ETF to participate in staking

ChainCatcher news, according to The Block, Cboe BZX Exchange has submitted a proposal to allow the Ethereum held by the 21Shares Core Ethereum ETF to be staked, and is awaiting a decision from the U.S. Securities and Exchange Commission (SEC).

According to Bloomberg analyst James Seyffart, this is the first ETF to submit a staking application to the SEC. The SEC approved several Ethereum ETFs last year, including those from 21Shares, BlackRock, and Fidelity, but many companies removed the staking feature when registering. The market expects that under the Trump administration, the SEC's stance on cryptocurrencies may be more favorable.