February 13, 2025
Cboe Files for Staking Permission
Cboe BZX Exchange has requested approval to let the 21Shares Core Ethereum ETF stake its Ethereum holdings. The SEC has a 240-day window to approve or deny the filing. The proposed staking method will keep Ethereum under the Custodian’s control while using “Point-And-Click Staking” to minimize theft risks.
In fact, Standard Chartered’s 2025 crypto outlook predicts ETH could reach as high as $14,000 if the SEC approves this staking mechanism.
Why This Matters
Staking allows digital asset holders to earn passive income by contributing to a crypto network’s security. U.S. spot Ethereum ETFs have attracted over $3 billion in net inflows since July 23rd, even without staking incentives.
Gary Gensler previously opposed staking in Ethereum ETFs, but SEC Commissioner Hester Peirce has expressed support for approval under the new administration. If the SEC allows staking, it could strengthen ETH’s narrative as an “Internet bond.”
