According to Odaily, Bloomberg ETF analyst James Seyffart shared on the X platform that several institutions have submitted applications for Ethereum ETF staking options, which will require more time to complete. The final deadline for early applications is set for late October 2025, while BlackRock's Ethereum ETH staking application is expected to be reviewed by April 2026. However, it is anticipated that approval could occur as early as the fourth quarter of 2025. Meanwhile, VanEck, 21Shares, and Canary Capital have urged the U.S. Securities and Exchange Commission to adopt a first-come, first-served approval process, rather than approving applications in bulk alongside BlackRock's later submission.