Grayscale’s ETH Staking Amendments Face Setback as SEC Extends Review
The SEC has delayed its decision on Grayscale’s proposal to allow ether staking in its Ethereum Trust and Mini Trust ETFs, extending the review period until June 1, 2025.
The amendment, submitted by NYSE Arca, seeks to introduce staking rewards to ether ETFs, potentially boosting investor returns but raising regulatory concerns. The SEC’s cautious stance stems from previous enforcement actions against centralized staking platforms like Kraken, while showing more openness toward decentralized models.
As the review continues, key issues under scrutiny include staking reward classification, slashing risks, and liquidity challenges.
Clever Robot News Desk 15th April 2025
