Several issuers, including Fidelity, Grayscale, and 21Shares, are also seeking to incorporate staking into their funds. The SEC will make a decision in October regarding similar staking applications submitted by the Chicago Board Options Exchange and the New York Stock Exchange. The SEC must make a final decision on ETHA by April, although Bloomberg analyst James Seyffart wrote in an article on X on Thursday that he doubts "potential approvals will take that long."

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