Three additional US-based asset managers have amended their 19b-4 filings with the Securities and Exchange Commission (SEC) with spot Ether (ETH) exchange-traded fund applications. BlackRock amended spot Ether ETF 19b-4 filing to remove staking provisions. Grayscale and Bitwise have made similar changes with the New York Stock Exchange's Arca. The SEC's approval of the 19b-4 filings will be a step towards listing and trading of spot Ether ETFs on exchanges.

On May 21, Fidelity, VanEck and Franklin Templeton, Invesco Galaxy and ARK 21Shares reflected similar changes to remove staking. The SEC is expected to decide whether to approve or reject the listing and transaction on May 23, the deadline for VanEck's application.

For many crypto experts, the SEC decision stirs controversy as Congress considers passing legislation to better define the regulator's role in digital asset regulation. At the time of broadcast, legislative members in the House of Representatives were deliberating ahead of a vote on the Financial Innovation and Technology for the 21st Century Act.

Depository Trust and Clearing Corporation is listing VanEck's Ether ETF under the ticker symbol ETHV — a positive but not definitive sign that the asset manager is gearing up for SEC approval. It is unclear whether the commission will advance approval of spot Ether ETFs, as it did with spot Bitcoin (BTC) investment vehicles in January. We are waiting your comments.#blockchain#cryptocurrency#SEC#ETF