Catenaa, Tuesday, February 18, 2025 – The New York Stock Exchange (NYSE) has submitted a filing with the US Securities and Exchange Commission (SEC) seeking approval to introduce staking for Grayscale’s spot Ethereum ETFs.
The February 14 filing outlines Grayscale’s plans to stake Ether in its Ethereum Trust ETF (ETHE) and Ethereum Mini Trust ETF (ETH).
If approved, staking would allow these funds to earn rewards classified as income. Grayscale emphasized it will not guarantee or advertise specific returns from staking activities.
The move follows 21Shares’ recent application to enable staking in its spot Ethereum ETF, signaling a shift in regulatory sentiment.
Previously, the SEC required ETF issuers to remove staking rewards from their proposals before approving spot Ether ETFs in mid-2024. However, a potential policy change under a new regulatory approach may open the door for staking in crypto ETFs.
The filing comes as a wave of new cryptocurrency ETF applications emerges, following the resignation of SEC Chair Gary Gensler on January 20. The shift in leadership has sparked renewed optimism for crypto-friendly policies.
