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Crypto ETF Update: Ethereum Staking Rewards Coming amid XRP Filing by Franklin Templeton

  • Cboe BZX has proposed allowing Fidelity’s Ethereum Fund (FETH) to stake its ETH, potentially offering the 3.3% APR staking rewards to ETF holders pending SEC approval.
  • Franklin Templeton has filed for an XRP ETF on the Cboe BZX Exchange, joining other applications that Bloomberg analysts give a 65% chance of approval despite SEC legal disputes.
  • The SEC recently delayed decisions on multiple crypto ETFs including the Canary and Grayscale XRP ETFs as well as the 21Shares ETH staking application, with new deadlines extending to May.
  • Bitwise has launched the Bitcoin Standard Corporations ETF (OWNB) tracking companies with significant Bitcoin holdings, featuring Michael Saylor’s MicroStrategy as its largest component.

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