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The US SEC is reviewing the inclusion of a staking mechanism in the BlackRock Ethereum ETF, delaying the decision on the Grayscale Litecoin ETF.
16hours ago

Odaily Planet Daily News: The U.S. Securities and Exchange Commission (SEC) said on Tuesday that it is reviewing BlackRock's application to introduce an Ethereum staking mechanism in its iShares Ethereum Trust and soliciting public comments on related rule changes. The change was submitted by Nasdaq, following similar applications from companies such as 21Shares and Grayscale. The move is seen as a sign of a loosening regulatory attitude. Since Trump took office in January this year, the SEC has begun to review a large number of crypto ETF proposals. Previously, during the Biden administration, the SEC approved spot Bitcoin and Ethereum ETFs, but explicitly excluded the staking function. On the same day, the SEC postponed its decision on Grayscale's Litecoin ETF application to October 10, and passed a rule adjustment to allow ETF "physical subscription and redemption", further releasing a signal of support.