Odaily Planet Daily News: Bloomberg ETF analyst James Seyffart stated in a post on Platform X that the Ethereum ET staking options submitted by several institutions "will take time to complete." The final deadline for early applications is in late October 2025, but the approval deadline for BlackRock's Ethereum ETH staking application is around April 2026 (although we believe it may be approved as early as the fourth quarter of 2025). However, VanEck, 21Shares, and Canary Capital have urged the U.S. Securities and Exchange Commission to consider adopting a first-in-first-out approval process, rather than wanting to "bulk approve" with BlackRock, which submitted its application later.