According to PANews, BlackRock has added staking options to its iShares Ethereum Trust, sparking discussions about the U.S. Securities and Exchange Commission's approval process. VanEck, 21Shares, and Canary Capital urged the SEC to adopt a first-in-first-out approval process rather than approving in bulk alongside BlackRock.
Bloomberg ETF analyst James Seyffart stated that it will take time for the staking options for Ethereum ETFs submitted by several institutions to be completed, with the early application deadline set for late October 2025 and BlackRock's application deadline around April 2026, but it may receive approval in the fourth quarter of 2025.