PANews reported on July 20 that BlackRock's recent move to add staking options to its iShares Ethereum Trust has reignited discussions about the U.S. Securities and Exchange Commission's batch approval process. VanEck, 21Shares, and Canary Capital have urged the SEC to consider adopting a first-come, first-served approval process, rather than wishing to be 'batch approved' alongside BlackRock, which submitted its application later.
Bloomberg ETF analyst James Seyffart stated on platform X that the Ethereum ETF staking options submitted by multiple institutions 'still need time to complete', with the final deadline for early applications set for late October 2025. However, the approval deadline for BlackRock's Ethereum ETH staking application is expected around April 2026, although it is believed that approval could be granted as early as the fourth quarter of 2025.