Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Grayscale Removes Staking Proposal From Spot Ethereum ETF Submission
ADOPTION NEWS

Grayscale Removes Staking Proposal From Spot Ethereum ETF Submission

By Crypto FlexsMay 22, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Grayscale Removes Staking Proposal From Spot Ethereum ETF Submission
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Grayscale Investments has withdrawn its staking proposal for a proposed spot ether exchange-traded fund, according to an amended preliminary proxy statement.

previously filing, Grayscale offered investors the ability to stake their Ether with trust. That language was not included in the preliminary proxy for the amendment. name Submitted Tuesday for Grayscale Ethereum ETH

+2.14%
trust.

“The primary purpose of Amendment 2 is to remove Proposition 2 from the preliminary proxy statement,” Grayscale said in a filing Tuesday.

Other issuers have also removed the staking component from their spot Ethereum ETF applications. fidelity It brought up the possibility of receiving compensation in its S-1 registration statement earlier Tuesday.

Bloomberg ETF analyst James Seyffart said Grayscale’s move was expected.

“It looks like Grayscale is removing the staking language when submitting $ETHE for conversion to an ETF (this was expected),” Seyffart said. post At X.

Grayscale filed Form 19b-4 with NYSE Arca in October. switch Grayscale Ethereum is a trust for spot ether ETF. Grayscale also previously filed to convert the Grayscale Bitcoin Trust into an in-kind Bitcoin ETF, which it successfully converted after a court ruling. Victory And it will receive final approval from the SEC in January.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Sarah is a reporter for The Block covering policy, regulation and legal events. Sarah was previously a reporter writing about securities regulation at CQ Legal, where she first began her reporting on cryptocurrencies. She Sarah has also written for The Bond Buyer and American Banker, among other financial publications. She graduated from the University of Missouri with a degree in Print and Digital Journalism. Sarah lives in Washington, DC and she is an avid coffee lover. You can follow her on Twitter @ForTheWynn.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Is XRP The Dark Horse Of The Cryptocurrency World? Earn 652 XRP Daily Using Invro Mining’s Smart Contract

September 4, 2025

TRX Was Early, ETH Set The Standard, BNB Built The Scale- Now SYC Brings The Next Evolution

September 4, 2025

Sign Up And Receive $500 Bonus, Ushering In A New Era Of Compliant And Secure Crypto Investment

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025
Most Popular

The Daily: XRP Soars as Ripple’s SEC Case Ends, BTC’s Institutional Investors Rebound, WazirX Cancels Trading After Freeze

August 8, 2024

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, Sui, Hype, Link

May 23, 2025

Bitcoin Privacy on Trial: Summary of Samourai Developers’ First Court Hearing

May 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.