2025-06660Notice

SEC Delays Ethereum Trust Staking – Investors on Edge

Published Date: 4/18/2025

Notice

Summary

The SEC is taking extra time to review a proposal that would let the Grayscale Ethereum Trust ETFs start staking their Ether, which could help earn rewards. This affects investors in these ETFs and might boost the funds’ value over time. The SEC now plans to decide by June 1, 2025, giving them more time to carefully consider the change.

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Grayscale ETFs May Stake Ether

The NYSE Arca proposed rule change would let the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini Trust ETF permit staking of the Ether they hold. Staking could allow the funds to earn staking rewards and might boost the funds' value over time. The SEC is reviewing the proposal and will decide or institute proceedings by June 1, 2025.

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Key Dates

Published Date
Effective Date
4/18/2025
6/1/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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