Just In: SEC Delays Staking Proposal On 21Shares Spot Ethereum ETF

The US Securities and Exchange Commission (SEC) has delayed its decision on the proposal by 21Shares to add staking services to its spot Ethereum ETF proposal. This is not a new move for the US SEC, considering it has postponed decisions on many crypto-linked ETF products over the past few weeks. It is worth noting that 21Shares is one of the firms with an active spot Ethereum ETF product trading in the United States. 21Shares and Staking on Ethereum ETF: The Delay Trend With the extension of this review period on whether to allow the staking product or not, 21Shares does not have a visible disadvantage overall. However, an eventual approval may turn around the offering’s fortunes and make it more attractive to investors. Per the asset managers ‘ crypto ETF products, 21Shares has remained on the headlines almost all week. As reported earlier by CoinGape, the SEC delayed its… Read More at Coingape.com

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