Spot Ethereum ETFs could get approval as soon as tomorrow, but without staking.

The main thing on the topic at this time is news, statements:

1.#Bloombergsenior ETF analyst Eric Balchunas believes that the Ethereum ETF could be approved as soon as Wednesday:

“Eethness rates are pretty good. A nice look at everyone involved dealing with this emergency. Heard that the SEC wants the revised Forms 19b-4 returned to them by 10am tomorrow (based on the many comments they received today) with likely approval as early as Wednesday.”

2. Potential issuer#Fidelityhas abandoned staking in its updated application for the Ethereum Spot ETF. Following a similar move by#ARKInveston May 11th. Let us recall that staking is the main reason why SEC Chairman Gensler believes that all blockchain assets with the PoS consensus algorithm are securities.

3.#ETHstaking protocol tokens dipped at the moment, but not much. For example, the niche leader, Lido with their #LDO, showed a correction of around -6.3% and has almost recovered.

4. Alex Thorne of#GalaxyResearch believes that the SEC may try to find a “middle ground” by dividing#ETHinto two types - non-security and locked in staking, which fits this definition.

5. Vijay Boyapati (programmer, entrepreneur and BTC advocate):

“ETH-ETFs, if approved, would be a much worse proxy for the underlying asset than BTC-ETFs, as it remains highly unlikely that the SEC will allow ETF applicants to offer staking. Thus, the ETF will be inflated in value according to ETH's own inflation chart."

6. Venture capital firm Variant's chief lawyer, Jake Czerwinski, said the approval of the Ethereum ETF could be a "real shock to everyone in Washington," signaling an important shift in the US regulatory environment.

7.#Dragonflymanaging partner Haseeb Qureshi suggested that Biden wants to soften his attitude towards cryptocurrencies before the election in order not to lose votes.