The New York Stock Exchange (NYSE) has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to introduce staking rewards in an Ethereum-based exchange-traded fund (ETF). The proposal seeks to list and trade shares of the Bitwise Ethereum ETF with staking capabilities, marking an advancement in cryptocurrency-related financial instruments. If approved, the ETF would allow investors to earn staking rewards through traditional investment channels rather than directly managing cryptocurrency holdings.
Bitwise Proposes Ethereum ETF with Staking
In a recent filing with the U.S. SEC, Bitwise has requested approval to launch an Ethereum ETF that incorporates staking. This proposed rule change, filed under the 19b-4 process, aims to amend NYSE regulations to permit the listing and trading of shares in this ETF.
Staking involves locking cryptocurrency to validate blockchain transactions, and earning additional tokens as a reward. Currently, staking is mainly accessible to i
We współpracy z: https://coingape.com/just-in-bitwise-files-proposal-to-enable-staking-on-ethereum-etf/
