SEC Reviews Staking Proposal in Grayscale’s Spot Ethereum ETF
The U.S. Securities and Exchange Commission (#SEC ) has officially received Grayscale's filing to add a staking mechanism to #SpotEthereumETF . This is an important step that could pave the way for staking $ETH right within exchange-traded funds.
According to the usual process, the SEC has up to 240 days to make a decision on a new ETF. However, since this is just an update for a previously approved ETF, the review process may occur more quickly.
If approved, this would be a significant step for the Ethereum market, allowing institutional investors to benefit from staking right within the ETF without needing to operate the technical infrastructure themselves. This could increase the appeal of the Spot Ethereum ETF and boost investment flows into the crypto market. #anhbacong