Editor's PiCK

US SEC Confirms Receipt of 21Shares' 19b-4 Filing for Ethereum ETF Staking Permission

Source
Suehyeon Lee

Summary

  • The US SEC has officially confirmed receiving a request from 21Shares to allow staking for their Ethereum ETF.
  • 21Shares' proposal to allow Ethereum ETF staking is noted as the first case requesting Ethereum staking permission from the SEC.
  • Consequently, the approval of staking in the Ethereum ETF market is likely to be a significant factor in shaping the future investment landscape.

The U.S. Securities and Exchange Commission (SEC) has confirmed receipt of documentation regarding 21Shares' request to allow staking for their Ethereum ETF.

According to Unfolded on the 20th (local time), the SEC officially confirmed receiving 21Shares' 19b-4 filing (review request) for permission to include staking in their Ethereum ETF.

Meanwhile, 21Shares' proposal to allow Ethereum ETF staking is reportedly the first case requesting Ethereum staking permission from the SEC.

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?