Grayscale Investments and Fidelity have revised their Ethereum ETF proposals, removing the staking option. This move aligns with a broader industry trend and addresses regulatory and security concerns. The SEC's proactive engagement in requesting issuers to revise their filings has led to speculation about the potential approval of these financial products. The removal of staking from these proposals is viewed as a positive step towards gaining regulatory approval. Bloomberg's senior ETF analyst, Eric Balchunas, has increased the chances of approval to 75%. This heightened optimism is driven by regulatory changes and the alignment of major issuers with the SEC's expectations. The changes reflect a more collaborative approach to bringing these financial products to market.