Grayscale Urges SEC to Allow Staking for Ethereum ETFs, Citing Major Investor Gains
Representatives from Grayscale Investments convened with members of the U.S. Securities and Exchange Commission’s Crypto Task Force on April 21 in Washington D.C. to advocate for changes to staking regulations tied to ethereum exchange-traded products (ETPs).
In a memorandum summarizing the meeting, Grayscale detailed its request to amend its Form 19b-4 filings for the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF ( ETH), aiming to permit staking activities. Craig Salm, chief legal officer at Grayscale Investments, stated: “We appreciate the opportunity to engage with the Securities and Exchange Commission’s Crypto Task Force.”