American financial company 21Shares wants to stake ethereums bought in exchange for issued shares ETF.
CBOE BZX Exchange, which partners with 21Shares, has filed with the U.S. Securities and Exchange Commission for approval staking ETH coins held on the balance sheet of the 21Shares Core fund Ethereum ETF (CETH), whose market cap is currently $18,9 million. The petition states that the derivative issuer intends to stake some amount of Ethereum from time to time, so it is not known exactly how many assets will be blocked.
Permission to staking Ethereum will benefit investors. Staking does not require any special skills, experience or technical means. Locking Ethereum is intended to maximize the opportunity to extract income, — the CBOE BZX Exchange application states.
Due to the bearish trend prevailing in the Ethereum market, CETH shares have been fell by 25%, and the shareholders ETF suffered losses. Therefore, it becomes obvious that staking will allow to compensate for part of the financial damage, since the blocking of ETH brings in income in the amount of up to 3,38% per annum.
21Shares Core Stock Price Change Ethereum ETF since the beginning of 2025
Many cryptocurrency analysts consider the approval of staking of Ethereums stored on the balance of the creators as a bullish signal ETF. They reasonably believe that an additional source of income will increase the attractiveness of these derivatives. However, if ETH continues to fall in price, then demand for exchange-traded funds is unlikely to increase, since staking and will not even come close to covering the losses caused by the decline in the price of cryptocurrency.