Grayscale pushes SEC to approve Ethereum ETF staking, citing $61M lost in rewards

On April 21, Grayscale representatives met with SEC members to push for regulatory changes. They argue that permitting staking for U.S. Ethereum ETPs managing 8.1 billion USD in assets will unlock substantial rewards lost since inception.

Grayscale emphasizes the security benefits of staking Ethereum, proposing a strategy to mitigate risks during unstaking periods. The aim is to align U.S. Regulations with successful international practices.

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