Editor's PiCK
"US SEC Delays Decision on Grayscale Ethereum Spot ETF Staking Introduction"
Minseung Kang
Summary
- The US SEC has reportedly delayed its review of whether to include the staking feature in Grayscale's Ethereum spot ETF.
- The SEC stated that careful consideration is needed as the staking feature could potentially increase investor returns.
- It was added that if the staking feature is introduced, it could expand interest from institutional and individual investors.
The United States Securities and Exchange Commission (SEC) has delayed its decision on the 'staking feature' included in the Ethereum (ETH) spot exchange-traded fund (ETF) applied for by Grayscale.
On the 14th, cryptocurrency-focused media outlet CoinKu reported, "The SEC believes that more careful consideration is needed regarding the inclusion of the staking feature in the Ethereum ETF submitted by Grayscale, and has postponed the decision."
The media added, "If the staking feature is introduced into the ETF, it could increase investor returns and expand interest from institutional and individual investors."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)
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