NYSE Arca applies to US SEC to add staking function for Bitwise Ethereum ETF

PANews March 21 news, NYSE Arca, a subsidiary of the New York Stock Exchange, has submitted a proposed rule change (19b-4 application document) to the U.S. Securities and Exchange Commission (SEC), proposing to amend the Bitwise Ethereum ETF to allow pledges of Ethereum held by the trust. The SEC issued this notice to seek comments from relevant persons on the proposed changes to the rules.