According to CoinWorld news, on July 20 (UTC+8), the U.S. Securities and Exchange Commission (SEC) is facing a dilemma of whether to approve in a one-time manner or on a case-by-case basis, due to the recent emergence of the Ethereum spot ETF staking amendment. This week, BlackRock's iShares Ethereum Trust Fund submitted an application to add staking functionality, reigniting discussions about whether the SEC will adopt a bulk approval method. Although similar applications were submitted months ago by Franklin Templeton, Grayscale, 21Shares, and Fidelity, BlackRock's proposal was submitted later, with a final approval deadline of April 2026. Analysts expect that the SEC may make a decision as early as the fourth quarter of this year, applying a uniform ruling to all applications, similar to last year's approval process for spot Bitcoin and Ethereum ETFs.
