Home > Quick > Body

SEC delays decision on Bitwise Ethereum ETF staking proposal

clock
2025-07-01 05:30:21
The Securities Exchange Commission (SEC) has postponed a decision on the Bitwise Ethereum ETF staking proposal and announced the launch of a new review while seeking public comment. Previously, Bitwise proposed adding a staking feature to its Ethereum ETF, which would allow investors to participate in cyber security by locking Ethereum and earn rewards. Bitwise believes this could improve investor returns without changing the ETF structure.
However, the SEC has expressed concerns about the investment risks and potential conflicts of interest associated with the pledge, and believes that any changes need to ensure investor protection and arm's length transactions. The SEC issued a statement on June 30 saying it needs to further evaluate the impact of the pledge on investors and establish a public comment period.
For now, Bitwise's Ethereum ETF will remain as it is, holding only spot Ethereum. This decision could have an impact on future ETF-like staking capabilities. If approved, other fund managers may also try to add staking capabilities. In addition, Greg King, CEO of Lex-Osprey, said its Solana staking ETF is expected to launch on July 2.
Previously, market news: The REX-OSPREY SOLANA ETF will begin trading on Wednesday.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.