U.S. SEC confirms Cboe’s filing for Fidelity Ethereum Spot ETF

According to SEC filings on November 30th, the Chicago Board Options Exchange (Cboe BZX Exchange, Inc.) submitted a proposed rule change to the U.S. Securities and Exchange Commission (SEC) on November 17th. The proposal suggests the listing and trading of shares of the Fidelity Ethereum Fund ("Trust") as a spot ETF commodity trust under BZX Rule 14.11(e)(4). The SEC has acknowledged receipt of the proposal and will seek public comment on the rule change.