Ethereum Jumped 8% After CBOE Staked Ether ETF Application

Description

On Feb. 12, the Chicago Board Options Exchange filed on behalf of asset manager 21Shares to list a spot staked Ethereum ETF. The 19b-4 filed by the Cboe BZX Exchange is for a product called the “21Shares Core Ethereum ETF”, which was previously named ARK 21Shares Ethereum ETF. Its purpose is to allow staking of the ETF’s Ethereum holdings. “I believe this is the first ETF to file with the SEC and request the ability to permit staking,” said Bloomberg ETF analyst James Seyffart. “The final deadli...