SEC Review of Ethereum ETF Staking Underway: Grayscale Awaits Critical Decision

The Securities and Exchange Commission (SEC) is nearing a crucial decision on Grayscale’s Ethereum Trust ETF, with a potential verdict expected before May 26, 2025. This follows similar applications submitted by the Cboe BZX Exchange and the NYSE Arca, seeking approval for staking in their respective ETFs. Grayscale’s request to engage in this practice is particularly significant due to its precedent-setting nature, as it marks the first time an ETF has formally requested Ethereum staking.