National Securities Exchange CBOE is asking the United States Stock Exchange and Securities Commission (SEC) that allows the rethinking of various funds (ETF) in the stock market (ETF) of Ether (ETH), sending the price of the token a 2% more in the last 24 hours.
Before the funds were launched in July, several issuers included rethinks in their applications. However, the SEC then demanded that they eliminate the function, since the commission did not allow it at that time.
CBOE, who is associated with five of the ETF emitters, including Fidelity, Franklin Templeton, Vaneck and Investo/Galaxy, on Tuesday, presented 19B-4 modified documents for Fidelity Ethereum Fund (Feth) and Franklin Ethereum ETF (Ezet), allow parking.
The measure occurs after the former president of the SEC, Gary Gensler, left the commission; He resigned shortly before the inauguration of Cryptographic President Donald Trump in January.
Trump’s candidate to direct the SEC, Paul Atkins, has not yet been scheduled for a audience or confirmation vote in the Senate. Commissioner Mark Uyeda is the interim president until Atkins moves. Under the surveillance of Uyeda, the SEC has made several positive movements with respect to other ETF applications related to cryptography, which stimulates the hope that the reference can see a positive response of the commissioners.
The application of the CBOE stake will probably be approved, said James Seyffart, an ETF analyst at Bloomberg Intelligence. “There are still things that must be classified, but we hope that the SEC allows bets in the ETF this year,” he said.
Beyond adding bets, companies have presented to launch ETF products for a range of digital assets. In the last week, companies established Delaware companies for Sui (SUI) and Aptos (APT), and the SEC is already reviewing several applications for Solana (Sol) and XRP (XRP), among others.
Correction (March 11, 2025, 16:40 UTC): Correct the CBOE descriptor.
