04-14-2025, 09:55 PM
SEC delays staking decision for Grayscale ETH ETFs
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NThiOWUtZDdiMi03NDlhLThmOGQtYmVkMGFjMTY4OWRk.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NThiOWUtZDdiMi03NDlhLThmOGQtYmVkMGFjMTY4OWRk.jpg" alt="SEC delays staking decision for Grayscale ETH ETFs"></p><p>The United States Securities and Exchange Commission (SEC) has delayed a decision on whether to approve Ether staking in two Grayscale funds. <p>The decision on Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF has been postponed until June 1, a<a data-ct-non-breakable="null" href="https://www.sec.gov/files/rules/sro/nysearca/2025/34-102855.pdf" rel="null" target="null" text="null" title="https://www.sec.gov/files/rules/sro/nysearca/2025/34-102855.pdf">ccording</a> to an April 14 announcement from the SEC. The deadline for a decision is the end of October.</p><p>On Feb. 14, the New York Stock Exchange (NYSE) <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/grayscale-spot-ether-etf-staking-proposal-united-states-nyse" rel="null" target="null" text="null" title="https://cointelegraph.com/news/grayscale-spot-ether-etf-staking-proposal-united-states-nyse">filed a proposed rule change</a> on behalf of Grayscale that would permit investors in the company’s Ether (<a data-ct-non-breakable="null" href="/ethereum-price" rel="null" target="null" text="null" title="/ethereum-price">ETH</a>) ETFs to stake their holdings. </p><p>Staking is the process of locking up cryptocurrency in a wallet to support the operations and security of a blockchain network, offering stakers rewards in return. The feature is considered a potentially integral part of Ether ETFs, as it could generate yield to investors, increasing the attractiveness of the funds.</p><figure><img alt="SEC delays staking decision for Grayscale ETH ETFs" src="https://s3.cointelegraph.com/uploads/2025-04/01963542-7f88-7e91-9d8a-da1730688b8a" title=""><figcaption style="text-align: center;"><p><em>SEC’s announcement of the delay. Source: </em><a data-ct-non-breakable="null" href="https://www.sec.gov/files/rules/sro/nysearca/2025/34-102855.pdf" rel="nofollow noopener" target="_blank" text="null" title="https://www.sec.gov/files/rules/sro/nysearca/2025/34-102855.pdf"><em>SEC</em></a></p></figcaption></figure><p>Annual yield on staked Ether is estimated at 2.4% on Coinbase, while on Kraken, another US-based exchange, it ranges from 2% to 7%. According to Sosovalue, Ether ETFs have <a data-ct-non-breakable="null" href="https://sosovalue.com/assets/etf/us-eth-spot" rel="null" target="null" text="null" title="null">had</a> a cumulative net inflow of $2.28 billion since their launch in 2024. </p><p>The race for staking on Ether ETFs includes other asset managers, including BlackRock's 21Shares iShares Ethereum Trust. The company <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ether-price-uptick-cboe-bzx-exchange-21shares-spot-ether-etf-staking" rel="null" target="null" text="null" title="https://cointelegraph.com/news/ether-price-uptick-cboe-bzx-exchange-21shares-spot-ether-etf-staking">sought permission to offer staking</a> services in February and is currently waiting for the agency approval. </p><h2>SEC approves options for multiple spot Ether ETFs</h2><p>Despite the delay on staking filings, the SEC is moving forward with regulatory requests surrounding crypto ETFs. </p><p>On April 9, the agency <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/sec-approves-options-spot-ether-etfs" rel="null" target="null" text="null" title="null">approved options trading for multiple spot Ether ETFs</a>, allowing the derivates feature on funds from BlackRock’, Bitwise and Grayscale's ETFs. </p><p><a data-ct-non-breakable="null" href="https://cointelegraph.com/learn/articles/how-to-use-the-greeks-in-options-trading" rel="null" target="null" text="null" title="null">Options trading</a> involves the right to buy and sell contracts that give the investors the right but not the obligation to buy an asset at a certain price. The approval broadens the funds utility for institutional investors.</p><p>The efforts to expand the appeal of Ether ETFs reflect the lack of adoption in contrast with Bitcoin (<a data-ct-non-breakable="null" href="/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) ETFs launched in January 2024. While the Ether ETFs amassed a net cumulative inflow of $2.2 billion as of April 11, Bitcoin funds flows topped $35.4 billion <a data-ct-non-breakable="null" href="https://sosovalue.com/assets/etf/us-btc-spot" rel="null" target="null" text="null" title="null">according</a> to Sosovalue.</p><p>Ether has also had a rough time during this bull market compared to other assets like XRP (<a data-ct-non-breakable="null" href="/xrp-price-index" rel="null" target="null" text="null" title="null">XRP</a>) and Solana (<a data-ct-non-breakable="null" href="/solana-price-index" rel="null" target="null" text="null" title="null">SOL</a>). The asset’s 52-week high of $4,112 did not surpass its November 2021 peak all-time-high value of $4,866. The token is trading below the $2,000 mark on April 14.</p><p><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/dummies-guide-to-native-rollups-l2s-as-secure-as-ethereum-itself/" rel="null" target="null" text="null" title="null"><em><strong>Magazine: What are native rollups? Full guide to Ethereum’s latest innovation</strong></em></a></p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template></p>
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https://cointelegraph.com/news/sec-delay...er_inbound
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NThiOWUtZDdiMi03NDlhLThmOGQtYmVkMGFjMTY4OWRk.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NThiOWUtZDdiMi03NDlhLThmOGQtYmVkMGFjMTY4OWRk.jpg" alt="SEC delays staking decision for Grayscale ETH ETFs"></p><p>The United States Securities and Exchange Commission (SEC) has delayed a decision on whether to approve Ether staking in two Grayscale funds. <p>The decision on Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF has been postponed until June 1, a<a data-ct-non-breakable="null" href="https://www.sec.gov/files/rules/sro/nysearca/2025/34-102855.pdf" rel="null" target="null" text="null" title="https://www.sec.gov/files/rules/sro/nysearca/2025/34-102855.pdf">ccording</a> to an April 14 announcement from the SEC. The deadline for a decision is the end of October.</p><p>On Feb. 14, the New York Stock Exchange (NYSE) <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/grayscale-spot-ether-etf-staking-proposal-united-states-nyse" rel="null" target="null" text="null" title="https://cointelegraph.com/news/grayscale-spot-ether-etf-staking-proposal-united-states-nyse">filed a proposed rule change</a> on behalf of Grayscale that would permit investors in the company’s Ether (<a data-ct-non-breakable="null" href="/ethereum-price" rel="null" target="null" text="null" title="/ethereum-price">ETH</a>) ETFs to stake their holdings. </p><p>Staking is the process of locking up cryptocurrency in a wallet to support the operations and security of a blockchain network, offering stakers rewards in return. The feature is considered a potentially integral part of Ether ETFs, as it could generate yield to investors, increasing the attractiveness of the funds.</p><figure><img alt="SEC delays staking decision for Grayscale ETH ETFs" src="https://s3.cointelegraph.com/uploads/2025-04/01963542-7f88-7e91-9d8a-da1730688b8a" title=""><figcaption style="text-align: center;"><p><em>SEC’s announcement of the delay. Source: </em><a data-ct-non-breakable="null" href="https://www.sec.gov/files/rules/sro/nysearca/2025/34-102855.pdf" rel="nofollow noopener" target="_blank" text="null" title="https://www.sec.gov/files/rules/sro/nysearca/2025/34-102855.pdf"><em>SEC</em></a></p></figcaption></figure><p>Annual yield on staked Ether is estimated at 2.4% on Coinbase, while on Kraken, another US-based exchange, it ranges from 2% to 7%. According to Sosovalue, Ether ETFs have <a data-ct-non-breakable="null" href="https://sosovalue.com/assets/etf/us-eth-spot" rel="null" target="null" text="null" title="null">had</a> a cumulative net inflow of $2.28 billion since their launch in 2024. </p><p>The race for staking on Ether ETFs includes other asset managers, including BlackRock's 21Shares iShares Ethereum Trust. The company <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ether-price-uptick-cboe-bzx-exchange-21shares-spot-ether-etf-staking" rel="null" target="null" text="null" title="https://cointelegraph.com/news/ether-price-uptick-cboe-bzx-exchange-21shares-spot-ether-etf-staking">sought permission to offer staking</a> services in February and is currently waiting for the agency approval. </p><h2>SEC approves options for multiple spot Ether ETFs</h2><p>Despite the delay on staking filings, the SEC is moving forward with regulatory requests surrounding crypto ETFs. </p><p>On April 9, the agency <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/sec-approves-options-spot-ether-etfs" rel="null" target="null" text="null" title="null">approved options trading for multiple spot Ether ETFs</a>, allowing the derivates feature on funds from BlackRock’, Bitwise and Grayscale's ETFs. </p><p><a data-ct-non-breakable="null" href="https://cointelegraph.com/learn/articles/how-to-use-the-greeks-in-options-trading" rel="null" target="null" text="null" title="null">Options trading</a> involves the right to buy and sell contracts that give the investors the right but not the obligation to buy an asset at a certain price. The approval broadens the funds utility for institutional investors.</p><p>The efforts to expand the appeal of Ether ETFs reflect the lack of adoption in contrast with Bitcoin (<a data-ct-non-breakable="null" href="/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) ETFs launched in January 2024. While the Ether ETFs amassed a net cumulative inflow of $2.2 billion as of April 11, Bitcoin funds flows topped $35.4 billion <a data-ct-non-breakable="null" href="https://sosovalue.com/assets/etf/us-btc-spot" rel="null" target="null" text="null" title="null">according</a> to Sosovalue.</p><p>Ether has also had a rough time during this bull market compared to other assets like XRP (<a data-ct-non-breakable="null" href="/xrp-price-index" rel="null" target="null" text="null" title="null">XRP</a>) and Solana (<a data-ct-non-breakable="null" href="/solana-price-index" rel="null" target="null" text="null" title="null">SOL</a>). The asset’s 52-week high of $4,112 did not surpass its November 2021 peak all-time-high value of $4,866. The token is trading below the $2,000 mark on April 14.</p><p><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/dummies-guide-to-native-rollups-l2s-as-secure-as-ethereum-itself/" rel="null" target="null" text="null" title="null"><em><strong>Magazine: What are native rollups? Full guide to Ethereum’s latest innovation</strong></em></a></p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template></p>
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https://cointelegraph.com/news/sec-delay...er_inbound