News

Breaking: BlackRock’s Ethereum ETF Staking Proposal Advances As SEC Acknowledges Filing

The US SEC has formerly received an application to introduce staking functionalities in BlackRock's Ethereum ETF.
Published by
Breaking: BlackRock’s Ethereum ETF Staking Proposal Advances As SEC Acknowledges Filing

Highlights

  • The US SEC has acknowledged Nasdaq's filing for staking functionalities in BlackRock's spot Ethereum ETF.
  • Several issuers are angling for the SEC to approve their staking applications for crypto ETFs.
  • However, Bloomberg analysts are tipping the securities watchdog to approve staking before the end of the year.

The US Securities and Exchange Commission (SEC) has formally acknowledged a Nasdaq filing to allow staking in BlackRock’s Ethereum ETF. The acknowledgment launches a public consultation into the suitability of the filing as experts eye an approval by the end of the year.

Advertisement

SEC Confirms Staking Filing For BlackRock’s Ethereum ETF

According to an SEC document, the Commission has accepted the filing seeking to introduce staking capabilities on BlackRock’s Ethereum ETF. If approved, the fund will stake all or part of its Ethereum holdings, with rewards given to shareholders.

Flowing from the SEC’s acknowledgement, interested parties have a 21-day window to submit comments on the suitability of the proposed rule change to the securities watchdog. The SEC now has up to 90 days to approve or disapprove the application, or designate a longer time for consideration.

In mid-July, Nasdaq filed to include staking in BlackRock’s Ethereum ETF amid reports of the SEC’s softening stance toward the feature. At the time, Nasdaq argued that the proposed change is consistent with US securities law and will remove impediments while protecting investors. The filing also noted that staking will improve the redemption and creation process and help track returns.

Bloomberg analyst James Seyffart, in an X post, has tipped the SEC to greenlight staking functionality for Ethereum ETFs by the end of the year. However, the timeline for BlackRock’s ETF staking application can drag to April 2026 with the SEC dealing with a flurry of staking amendments.

The Rex-Osprey Solana Staking ETF has added steam to optimism that the SEC will approve staking for funds in the near future. Amid the enthusiasm, Ethereum staking interest has reached a one-year high with treasury companies staking all their ETH holdings.

However, recent moves by the US SEC are pointing to a cautious stance by the regulator. In early July, the SEC delayed staking for the Bitwise Ethereum ETF, dashing hopes of a near-term approval.

While shareholders await the SEC’s decision, BlackRock’s Ethereum ETF is inching toward the 3 million ETH milestone. At press time, Ethereum is trading at $3,771 with a market capitalization of $461 billion.

Advertisement

Share
Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he's not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Standard Chartered Predicts Bitcoin Could Drop Below $100K Amid U.S.–China Trade Tensions

Standard Chartered analyst Geoff Kendrick has predicted that the Bitcoin price could suffer a significant…

October 22, 2025
  • News

Rising Demand for Verifiable Crypto Ownership Drives Launch of Trezor Safe 7

Crypto ownership is a topic that has been discussed across major forums globally in the…

October 22, 2025
  • News

Robinhood Lists Binance Coin as BNB Outperforms BTC, ETH, SOL YTD By Over 30%

Crypto exchange Robinhood has listed the Binance coin for spot trading for its U.S. customers.…

October 22, 2025
  • News

Bitget Partners With Google Developer Group On Hackathon To Support AI Innovation

Bitget, a leading crypto exchange in the world, has joined forces with Google Developer Group…

October 22, 2025
  • News

Can Cardano Save Kadena? Hoskinson Reaches Out After KDA Token Plunges 60% Amid Shutdown

Kadena has announced it was shutting down operations, sending its KDA price into a freefall.…

October 22, 2025
  • News

Analyst Turn Bullish with $400 SOL Target as Hong Kong Approves First-Ever Solana ETF in Asia

Hong Kong has officially approved the region’s first-ever Solana ETF in Asia. This comes as…

October 22, 2025