CBOE Files Application to Launch Fidelity ETH ETF Staking

The Cboe BZX Exchange has submitted a proposal to the US Securities and Exchange Commission (SEC) to incorporate staking features into the Fidelity Ethereum ETF, aiming to boost potential investor returns.

Detailed in the SEC Form 19b-4, this proposal signals a shift in digital asset fund management. Fidelity plans to enhance the ETF’s returns by utilizing Ethereum’s proof-of-stake mechanism, where participants earn rewards for validating transactions and supporting network security.

This initiative reflects a growing trend of integrating traditional financial products with decentralized finance (DeFi) strategies, highlighting increased crypto asset management convergence.