According to BlockBeats, on July 17, Coinage founder Zack Guzmán posted on social media that U.S. Securities and Exchange Commission Commissioner Pierce revealed to him in an interview that the Ethereum ETF that can be "pledged" may be reconsidered by the SEC.

“I think certainly things like staking, or any feature of the product… those are always open to rethinking as far as I’m concerned,” Pierce said.