Ethereum ETF Decision Delayed by SEC

SEC Extends Decision Deadline on Grayscale’s Ethereum ETF Staking Proposal

• The SEC has extended its review period for Grayscale’s Ethereum Trust ETF and Mini Trust ETF rule change proposal.
• The original decision deadline of April 17, 2025, is now pushed to June 1, 2025.
• No public comments have been received on the proposed rule change so far.
• The extension allows the SEC up to 90 days to consider the proposal under Section 19(b)(2) of the Securities Exchange Act of 1934.

The SEC has delayed its decision on a proposed rule change for Grayscale’s Ethereum ETFs, extending the deadline from April 17 to June 1, 2025. This extension provides additional time for thorough evaluation as no public comments have been submitted yet.