BlackRock Pushes SEC to Approve Ethereum ETF Staking and Tokenization

By: cryptosheadlines|2025/05/10 13:31:48
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Wall Street giant BlackRock has reportedly held a closed-door meeting with the U.S. SEC’s Crypto Task Force to discuss adding staking to Ethereum ETFs and acceleratingthe tokenization of real-world assets.Ethereum Staking Back in SpotlightDuring the early July meeting, BlackRock stressed that Ethereum ETFs are “less perfect” without staking, as investors miss out on yield from locked ETH. Robert Mitchnick, Head of Digital Assets at BlackRock, described staking for spot ETH ETFs as a “step change upward,” though he acknowledged regulatory and operational complexities ahead.Under SEC Chair Gary Gensler, the agency previously blocked staking features in ETH ETFs. But with the potential shift in stance, staking approval could allow ETH ETFs to generate revenue by earning yield. Other firms like Fidelity and Grayscale are also lobbying for staking support. Notably, the NYSE proposed a rule change in February to enable staking in Grayscale’s fund—currently under review.Also Read : Ethereum Outperforms Bitcoin With a 35% Breakout; A New ATH at $6000 is Loading! ,Tokenization Momentum BuildsThe meeting also covered BlackRock’s push to tokenize traditional financial assets. The firm highlighted its $2.9 billion BUIDL fund—a tokenized U.S. Treasury product—promoting blockchain-based solutions for bonds and securities with faster settlements, lower fees, and round-the-clock trading.Rival efforts include Franklin Templeton’s BENJI fund and Robinhood’s blockchain project aimed at offering tokenized U.S. stocks to European users.While the SEC has not disclosed the outcome of the meeting, BlackRock’s continued advocacy signals growing momentum in blending crypto innovation with mainstream finance.Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.FAQsIs the SEC postponed decision on Grayscale’s Ethereum ETFs staking proposal until June 1 2025?Yes, the SEC delayed its ruling on Grayscale’s ETH ETF staking request, with a new decision expected by June 1, 2025.Does BlackRock have an Ethereum ETF?BlackRock filed for a spot Ethereum ETF but it’s still awaiting SEC approval and does not yet include staking. Share this crypto insight with your network! Source link

You may also like

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

In the Latin American remittance market, the real protagonists have never been the young people speculating on cryptocurrencies, but rather the 50-year-old workers who send money to their mothers every month. They don't care about blockchain; they only care about whether the money has arrived.

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

Hong Kong accelerates the layout of digital finance, providing a panoramic analysis of the evolution of three major on-chain financial forms: central bank digital currency, deposit tokens, and stablecoins, along with future opportunities.

BVNK Founder: Three Stages of Stablecoin Development

Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com