TechFlow, April 28 — According to Bitcoin.com, Grayscale met with the U.S. Securities and Exchange Commission's (SEC) Crypto Task Force in Washington, D.C. on April 21 to discuss regulatory changes regarding staking for Ethereum exchange-traded products (ETPs).
Grayscale stated that its U.S. Ethereum ETPs currently manage $8.1 billion in assets, but have missed approximately $61 million in potential earnings from launch through February 2025 due to inability to participate in staking.
The company has proposed amending the 19b-4 filings for the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF to permit staking activities. Grayscale emphasized that staking would enhance the security of the Ethereum network while generating additional returns for shareholders.
