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

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4 hour ago

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

The U.S. Securities and Exchange Commission (SEC) has postponed its decision regarding the addition of staking features to the Invesco Galaxy Spot Ethereum ETF. According to a July 30, 2025, filing, the SEC extended the review period for the application submitted by Cboe BZX Exchange, which was filed on June 9. The Cboe BZX Exchange proposed a rule change to grant staking authorization to its Ethereum ETF product. Amendment No. 1, submitted on June 23, was revised and filed with the Federal Register on June 27. Normally, the SEC is expected to make a decision on such rule changes within 45 days. This deadline was set for August 11, 2025. However, to more thoroughly evaluate the content and potential impact of the proposal, the SEC has extended the deadline and set a final decision date of September 25, 2025. The Commission stated that new financial practices such as staking are important in terms of investor safety, market stability and the regulatory framework, and that additional time is needed. *This is not investment advice.

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