SEC Reviews NYSE Arca’s Staking Proposal for Grayscale Ethereum ETFs
- The SEC is reviewing a proposal from NYSE Arca to allow staking activities in Grayscale Ethereum Trust ETFs.
- A decision on the proposal is expected before May 26, 2025.
- The proposal was filed on February 14, 2025, and aims to enable staking through trusted providers.
- Both Grayscale Ethereum Trust and Mini Trust ETFs were approved by the SEC in 2024.
- Staking would be conducted solely by the Sponsor without changing the current custody arrangement with Coinbase Custody.
The SEC is considering NYSE Arca’s proposal to permit staking activities within Grayscale Ethereum Trust ETFs, with a decision due by May 26, 2025. The proposed rule change would allow these trusts to stake ether tokens through trusted providers while maintaining existing custody arrangements.
Source (2.6)https://cryptobriefing.com/sec-reviews-grayscale-ethereum-etf/?rand=59535
