$ETH Ethereum price today: $1,940

Cboe BZX Exchange filed a proposed rule change with the SEC to allow staking within Fidelity's spot Ethereum ETF.

Grayscale and 21Shares have also made similar filings with the SEC to stake their Ethereum ETF holdings.

ETH could test the $2,850 key resistance if it recovers above $2,200.

Ethereum (ETH) is up 3% on Tuesday following Cboe BZX's filing with the Securities & Exchange Commission (SEC) for Fidelity to permit staking within its spot Ethereum ETF.

Fidelity intends to stake its Ethereum ETF

Cboe BZX Exchange filed a 19b-4 with the SEC on Tuesday to allow staking within the Fidelity Ethereum Fund (FETH).

"Based on discussions with the Sponsor, the Exchange proposes to amend several portions of the ETH ETP Amendment No. 2, as amended, in order to allow the staking of ether held by the Trust," the filing states.

Prior to Fidelity, Grayscale and 21Shares also filed to seek approval from the SEC to permit staking within their respective ETFs.

Staking involves earning passive income by using crypto assets to contribute to a blockchain's security.

The latest filings from US spot Ethereum ETF issuers to include staking in their products follow recent administrative changes at the SEC, including the resignation of the agency's former Chair, Gary Gensler, on January 20..#ETH