Ethereum News Today: SEC Delays Ruling on Staking for Invesco Galaxy Ethereum ETF to September 25

The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the inclusion of staking capabilities for the Invesco Galaxy Spot Ethereum ETF. According to a filing dated July 30, 2025, the SEC has extended the review period for the application submitted by the Cboe BZX Exchange. The initial proposal, filed on June 9, 2025, sought to enable staking authorization for the ETF product [1].

A revised version of the application, Amendment No. 1, was submitted on June 23 and subsequently filed with the Federal Register on June 27. The Cboe BZX Exchange is seeking regulatory approval to allow investors to stake Ethereum through the ETF, which could enhance the product’s utility and appeal in the growing crypto market [1].

Typically, the SEC is expected to rule on such proposals within 45 days. In this case, the original deadline was set for August 11, 2025. However, the SEC has opted to extend the review period, pushing the final decision to September 25, 2025. The Commission explained that the delay is necessary to conduct a more thorough evaluation of the proposal and its potential implications [1].

The SEC emphasized that emerging financial practices like staking require careful consideration to ensure investor protection, market stability, and the integrity of the regulatory framework. This statement underlines the Commission’s cautious approach to integrating new technologies and financial products into the traditional securities landscape [1].

The outcome of this review could have broader implications for the Ethereum market. If approved, the addition of staking features may attract more institutional and retail investors to the ETF, potentially increasing liquidity and demand for Ethereum. Conversely, a rejection or further delay could slow the pace of innovation in the crypto space and highlight the regulatory hurdles facing digital asset products.

The decision reflects the SEC’s ongoing effort to balance innovation with investor safeguards, a challenge that remains central to the development of the crypto industry in the U.S. market [1].

Source:

[1] BREAKING: SEC Releases Update on Critical Filing for Ethereum (ETH)

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