BlackRock, Grayscale, Bitwise File Updated 19B Forms in Rush for Ethereum ETF

BlackRock, Grayscale, Bitwise File Updated 19B Forms in Rush for Ethereum ETF


BlackRock, Grayscale, and Bitwise filed amended 19b-4 forms with the SEC for their proposed spot ether ETFs, removing staking provisions. This change was likely made to avoid regulatory roadblocks. Staking is considered a form of passive income in the crypto world.

BlackRock, Grayscale and Bitwise on Wednesday filed amended 9b-4 forms with the U.S. Securities and Exchange Commission (SEC) for their proposed spot ether exchange-traded funds (ETFs).

All the updated forms removed the provisions for staking ether, which some say was causing a regulatory roadblock.

“Neither the Trust, nor the Sponsor, nor the Ether Custodian […] nor any other person

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