๐บ๐ธ SEC Delays ETH Staking Decision โ Franklin Spot Ethereum ETF Takes a Hit!
In a move thatโs reigniting debate around crypto regulation, the U.S. SEC has officially delayed approval for the staking feature in the proposed Franklin Templeton Spot Ethereum ETF.
๐ง Whatโs Going On?
While the ETH Spot ETF itself remains under review, staking-related functionalities are now being pushed to a later decision โ highlighting the SECโs continued caution around ETHโs staking model post-Merge.
๐ Why It Matters:
Staking = Yield generation for ETH holders.
If excluded, investor appeal decreases compared to directly holding ETH.
SEC is avoiding classification issues โ is staked ETH a security?
๐ฅ Key Details:
ETF Sponsor: Franklin Templeton
Issue: SEC wants more time to evaluate stakingโs regulatory implications.
Status: Core ETH Spot ETF not rejected โ only staking component delayed.
โ๏ธ The Bigger Picture:
SEC approved BTC ETFs earlier this year.
ETH Spot ETFs without staking still expected in late Q2/Q3 2025.
Coinbase, BlackRock, and others watching closely.
๐ Market Reaction:
ETH Price: ~$2,565
Brief dip post-news, but sentiment remains cautiously bullish.
Staking protocols like Lido, RocketPool remain unaffected โ for now.
Is this a regulatory roadblock, or just a speed bump before Ethereum ETFs go full throttle? Either way, the SEC is making ETH earn its spot โ literally.
