Just In: SEC Delays Staking Proposal On 21Shares Spot Ethereum ETF

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SEC Hits Snooze on 21Shares’ Staking Proposal – Shocking, Right? 😴

So, the US Securities and Exchange Commission (SEC) has decided to play the waiting game again. 🎮 They’ve hit the pause button on 21Shares’ proposal to sprinkle some staking magic on its spot Ethereum ETF. Because, you know, who doesn’t love a good delay? 🙄

SEC Delays

This isn’t exactly a plot twist. The SEC has been on a roll, postponing decisions on crypto-linked ETF products like it’s their favorite hobby. Seriously, they should consider a career in procrastination! 🥳

21Shares

Now, let’s talk about 21Shares. They’re one of the few firms with a spot Ethereum ETF product actually trading in the US. So, while the SEC is busy twiddling its thumbs, 21Shares is just hanging out, sipping coffee, and waiting for the big approval that could turn their fortunes around. ☕💸

In the grand scheme of things, this delay doesn’t seem to put 21Shares at a disadvantage. But hey, a little approval could make their offering the hottest ticket in town! 🎟️

Crypto ETF

As the crypto world buzzes about 21Shares and their ETF products, it’s clear they’ve been stealing headlines all week. Who knew waiting could be so entertaining? 🤷‍♀️

For the full scoop, check out Coingape.com. Spoiler alert: it’s just more waiting! 🥱

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2025-05-23 02:21