Potential ETH ETF issuers are assuring the SEC that they will not engage in staking, removing the terms from the updated filing in an effort to tighten approval of their applications.
Fidelity, Franklin Templeton, Ark Invest, Invesco and VanEck ETF have all updated their filings to say they will not stake ETH for interest.
Similar provisions were added by Nasdaq for the iShares Ethereum Trust and NYSE Arca for Grayscale's Ethereum Mini Trust and Bitwise Ethereum ETF.
The elimination of staking was seen as a possible capitulation, but clearly a concession that investment firms were willing to make to clear the way for SEC approval.
The SEC's campaign against Ethereum will certainly be successful if spot ETF applications are approved, but it is clear that the SEC will continue to fight in any arena where it foresees a chance of legitimate victory regardless. is the smallest.
Investment firms realize they are in for an uphill battle with regulators this administration and staking appears to remain a controversial topic with fund managers such as Cathie Wood , recognizing this as a regulatory sticking point.
Source: https://tintucbitcoin.com/nha-phat-hanh-eth-etf-bo-staking/
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