SEC Acknowledges BlackRock Staking Request for Ethereum ETF
The post SEC Acknowledges BlackRock Staking Request for Ethereum ETF appeared on BitcoinEthereumNews.com.
In brief The SEC acknowledged a proposal to permit staking for BlackRock’s ETHA. The regulator has delayed its decision on similar proposals. Spot Ethereum ETF have generated $9.4 billion in net inflows since their debut. The U.S. Securities and Exchange Commission acknowledged Nasdaq’s proposal on Tuesday to accommodate staking for BlackRock’s spot Ethereum exchange-traded fund, signaling that the regulator could approve of the highly-anticipated rule change in the coming months. If the proposal is approved, the world’s largest asset manager would be able to participate in Ethereum’s proof-of-stake consensus model using its ETFs’ funds, while also passing along those rewards to its shareholders, according to a filing published by the SEC. The filing notes that the SEC could make a determination within 45 days of the document’s posting to the Federal Registrar, however, that window can be extended. And the regulator has already acknowledged similar filings from other asset managers in recent months. In May, for example, the SEC gave notice that it was extending its decision deadline for a rule change submitted by NYSE Arca to permit staking for Bitwise’s spot Ethereum ETF. The regulator acknowledged the proposal in the Federal Registrar in early April. Later that month, the SEC delayed its decision on Grayscale’s efforts to support staking for its flagship Ethereum ETF fund. The proposal, which was also submitted by NYSE Arca, was acknowledged by the regulator in February. Under the proposal for the iShares Ethereum Trust (ETHA), the asset manager could tap staking providers, and the resulting rewards would be treated as income for the trust. It would prevent the funds from being pooled with Ethereum belonging to other entities as well. Inflows to spot Ethereum ETFs have outpaced those to its Bitcoin counterparts as the asset has climbed recently to a nearly eight-month high.…
Filed under: News - @ July 30, 2025 1:22 am