【SEC Delays Decision Again】
On July 1, the U.S. SEC delayed its decision on Bitwise’s proposal to add staking functionality to its spot Ethereum ETF ⛓️
🔍 Insight:
The SEC remains cautious about staking in ETFs, fearing it could blur the line between ETFs and securities.
This could affect similar proposals from other issuers and highlights the ongoing regulatory uncertainty around ETH staking.