The SEC is reviewing the application of BlackRock's Ethereum spot ETF to introduce a staking mechanism

BlockBeats News: On July 30th, the US Securities and Exchange Commission (SEC) announced on Tuesday that it is reviewing BlackRock's application to introduce a staking mechanism in its iShares Ethereum spot ETF and seeking public opinion on related rule changes. This change was submitted by Nasdaq, and similar applications have been made by companies such as 21Shares and Grayscale before. In addition, the US Securities and Exchange Commission (SEC) has postponed its decision on whether to approve Grayscale's Litecoin ETF proposal until October 10th.