SEC reviewing BlackRock’s application to introduce staking mechanism in spot Ethereum ETF

According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) announced on Tuesday that it is reviewing BlackRock's application to introduce a staking mechanism in its iShares spot Ethereum ETF and is seeking public comment on the related rule changes. This change was submitted by Nasdaq, and similar applications have previously been filed by other companies such as certain exchanges.

In addition, the SEC has postponed its decision on whether to approve a Litecoin ETF proposal from a certain exchange until October 10.