Summary
- Nate Geraci, CEO of The ETF Store, asserted the need to allow staking for the Ethereum spot ETF.
- He pointed out that the SEC is still delaying approval for Ethereum spot ETF staking.
- Geraci stated that, even without IRS tax guidance on staking rewards, there is no reason for the SEC to postpone its announcement.
Amid a sluggish virtual asset (cryptocurrency) market due to a lack of catalysts, a claim has emerged that staking should be permitted for Ethereum (ETH) spot exchange traded funds (ETFs).
On the 19th (Korean time), Nate Geraci, CEO of The ETF Store, stated on X (formerly Twitter), "It is now time to allow staking for the Ethereum spot ETF, so I wonder what the Securities and Exchange Commission (SEC) is waiting for."
He emphasized, "Although the Internal Revenue Service (IRS) has not issued concrete tax guidance on staking rewards, I don't think there's any reason for the SEC to delay its announcement."
Uk Jin
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