CoinVoice has learned that, according to DL News, BlackRock's move to add staking options to its iShares Ethereum Trust this week 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 posted on platform X that multiple institutions' Ethereum ETF staking options "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 around April 2026, although it is believed that approval may be granted as early as the fourth quarter of 2025. [Original link]