The US Securities and Exchange Commission (SEC) has postponed decisions on two proposed amendments concerning crypto exchange-traded funds (ETFs), extending the review periods for both staking and in-kind redemption models to June 2025.
These new timelines affect Grayscale’s Ethereum (ETH) staking proposal and VanEck’s filings for in-kind redemptions on Bitcoin (BTC) and Ether ETFs.
On April 14, the SEC announced that June 1, 2025, would be the new deadline to decide whether to approve, disapprove, or proceed with further evaluation of the New York Stock Exchange (NYSE) request regarding Grayscale’s ETF.
The proposal aims to permit the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH) to stake a portion of their held ETH. Initially filed on February 14, the amendment was published in the Federal Register on March 3, setting an initial decision deadline of April 17.
