According to Deep Tide TechFlow, Grayscale met with the U.S. Securities and Exchange Commission (SEC) crypto working group in Washington, D.C. on April 21 to discuss regulatory changes for staking of Ethereum exchange-traded products (ETP).
Grayscale reported that the total assets under management of the U.S. Ethereum ETP reached $8.1 billion, but due to the inability to participate in staking, it has incurred approximately $61 million in losses since its launch until February 2025.
The company proposed to amend the 19b-4 application documents for the Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF to allow for staking activities. Staking will enhance the security of the Ethereum network and provide additional returns for shareholders.
