Three more asset management companies based in the United States, who have applied for spot Ether exchange-traded funds, have made changes to their filings with the Securities and Exchange Commission (SEC).
On May 22, BlackRock amended their spot Ether ETF application with Nasdaq to exclude any mention of staking. Grayscale and Bitwise also made similar changes to their applications with the New York Stock Exchange Arca.
If the SEC approves these amendments, it could pave the way for the listing and trading of spot Ether ETFs on exchanges.
According to the amended filing from BlackRock, the company and its affiliates will not engage in any actions that involve using the Trust’s ETH for staking or to earn additional ETH or generate income.
Similarly, on May 21, Fidelity, VanEck, Franklin Templeton, Invesco Galaxy, and ARK 21Shares also amended their applications to remove any mention of staking. The SEC is expected to make a decision on VanEck’s application by May 23, which is the final deadline for their review.
