SEC delays decisions on staking and in-kind redemptions for crypto ETFs to early June
The US Securities and Exchange Commission (SEC) has delayed decisions on two proposed amendments related to crypto exchange-traded funds (ETFs), extending review periods for both staking and in-kind redemption models into June 2025.
The new timelines apply to Grayscale’s Ethereum (ETH) staking filing and VanEck filings for in-kind redemptions on Bitcoin (BTC) and Ether ETFs.
Decision delayed
On April 14, the SEC issued a notice designating June 1, 2025, as the new deadline to determine whether to approve, disapprove, or initiate proceedings on the New York Stock Exchange (NYSE) request over Grayscale’s ETF.
The proposal would allow the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH) to stake a…
