On April 14, the Securities and Exchange Commission (SEC) made waves in the crypto world by delaying its decision on staking for the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini Trust ETF. Have you ever felt a sense of anticipation that turned into a prolonged waiting game? That’s precisely what investors are experiencing as they eye the potential benefits of allowing staking in these funds—a process that could unlock additional yields for investors. Initially proposed in February, this rule change is now pushed back to June 1, leaving many to wonder how this delay will impact the broader Ethereum market. As we dissect the implications of this decision, we can’t help but ask—will patience truly pay off, or is this just another bump on the road for crypto enthusiasts? To dive deeper into the story, be sure to
On April 14, the Securities and Exchange Commission delayed its decision on staking for the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini Trust ETF.
In February, the New York Stock Exchange filed a proposed rule change on behalf of Grayscale that would permit staking for the products.
However, the regulator is not ready for this change yet and has postponed the decision until June 1.
“The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” it stated.
NEW: The @SECGov has delayed its decision on permitting staking in @Grayscale’s $ETH spot ETFs.https://t.co/bHxfdyqRD5 pic.twitter.com/oCL51PSkKM
— Eleanor Terrett (@EleanorTerrett) April 14, 2025
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