SEC Receives Application for BlackRock Ethereum Spot ETF Staking

According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) has confirmed the receipt of an application allowing BlackRock to stake an Ethereum spot ETF. Earlier this year, Nate Geraci, President of The ETF Store, stated that the staking of an ETH ETF would occur regardless of circumstances. Under the leadership of U.S. President Donald Trump, this development is expected to progress more swiftly.