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2025-03030 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Amend the 21Shares Core Ethereum ETF, Shares of Which Have Been Approved by the Commission To List and Trade on the Exchange Pursuant to BZX Rule 14.11(e)(4)
February 25, 2025
Type:Notice
Citation:90 FR 10645
Reading Time:about 15 minutes
Cboe BZX Exchange, Inc. has proposed a rule change to the Securities and Exchange Commission (SEC) to allow the staking of Ether for the 21Shares Core Ethereum ETF. Staking allows the cryptocurrency, Ether, to earn rewards by participating in the Ethereum network's validation process. This proposal aims to enhance the returns for the ETF's investors without creating additional risk from the custody perspective, as the staked Ether will remain secure. The SEC is seeking public comments on this proposal by March 18, 2025, before making a decision.
Simple Explanation
The Cboe BZX Exchange wants to change some rules so they can use a special way to make money with Ether, a type of cryptocurrency, for people who put their money in an investment fund. This plan needs approval from a big group in charge of money rules, and they want to hear what people think about it by March 18, 2025.
2025-06660 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF To Permit Staking of the Ether Held by the Trusts
April 18, 2025
Type:Notice
Citation:90 FR 16582
Reading Time:about a minute or two
On February 14, 2025, NYSE Arca, Inc. filed a proposed rule change with the Securities and Exchange Commission (SEC) to allow the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF to participate in staking. This proposed rule change was published for public comment on March 3, 2025. The SEC originally had 45 days to make a decision but has extended this period to allow more time to consider the proposal and related issues. The new deadline for the SEC to approve, disapprove, or decide on further proceedings for the rule change is June 1, 2025.
Simple Explanation
Imagine a library deciding if it should let two special books do something new and fun, like play games. The people in charge have more time to think about it to make sure it’s okay.

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