Grayscale Urges SEC to Approve Staking for Ethereum ETFs

The post Grayscale Urges SEC to Approve Staking for Ethereum ETFs appeared first on Coinpedia Fintech News

Grayscale recently met with the SEC’s crypto task force, urging for approval to allow Ethereum staking through its ETFs. The company emphasized that $61 million in rewards have been missed due to current regulations. Grayscale is requesting an update to its Form 19b-4 filings for the Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH). If approved, these changes would enable the company to directly earn staking rewards, optimizing potential returns for investors.