BlackRock, Grayscale and Bitwise filed amended Forms 19b-4 with the U.S. Securities and Exchange Commission (SEC) for their Ether ETF offerings, removing the staking provisions.
This change was likely made to avoid regulatory hurdles. Staking is considered a form of passive income in the world of cryptocurrencies.
All Ether ETF hopefuls have submitted their amended proposals ahead of an approval or rejection decision expected on Thursday.
Fidelity filed its amended Forms S-1 earlier this week, abandoning its staking plans. VanEck, Franklin Templeton, Invesco Galaxy and ARK 21Shares later filed similar amendments to remove staking. Hashdex is the only issuer that has not yet filed an amendment to its Ethereum ETF.