On July 20, according to DL News, "Approve all at once or process one by one" - this is the problem the U.S. Securities and Exchange Commission (SEC) is facing when considering how to respond to the Ethereum spot ETF staking amendment.
This week, iShares Ethereum Trust Fund under BlackRock proposed an application to add staking functionality, reigniting discussions around the SEC's batch approval process.
Although Franklin Templeton, Grayscale, 21Shares, and Fidelity had submitted similar requests months ago, BlackRock's proposal was submitted later, with a final approval deadline of April 2026.
Despite the seemingly early timeline, analysts expect the SEC may make a decision earlier - potentially as soon as the fourth quarter of this year - and provide a unified ruling for all applicants. Such an approach would be consistent with the SEC's approval method for spot Bitcoin and Ethereum ETFs last year.
