Grayscale Pushes for Staking in Ethereum ETFs: A $61 Million Opportunity
Grayscale is making a strong case to the SEC for allowing staking in its Ethereum ETFs, citing $61 million in unrealized rewards. This move could significantly enhance investor returns and marks a pivotal moment for institutional crypto adoption.
Grayscale Urges SEC to Approve Staking for Ethereum ETFs
Grayscale has intensified its push for regulatory approval to incorporate staking functionality into its Ethereum ETFs. During recent discussions with the SEC’s crypto task force, the firm highlighted $61 million in unrealized rewards due to current restrictions.
The proposed amendments to Form 19b-4 filings would enable direct staking rewards distribution, potentially enhancing investor returns. This move signals growing institutional demand for yield-generating crypto products amid evolving regulatory landscapes.
Grayscale Seeks SEC Approval for Ethereum Staking in ETF Funds
Grayscale Investments has taken a significant step toward integrating staking into its Ethereum ETF offerings. The firm met with the SEC’s Cryptocurrency Task Force on April 21, proposing amendments to its Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) filings.
The move would allow these funds to participate in Ethereum’s proof-of-stake consensus mechanism, potentially offering investors exposure to staking rewards. This development signals growing institutional interest in Ethereum’s yield-generating capabilities as the SEC continues its review of spot ETH ETF applications.
Ethereum’s Ambitious Plan to Scale TPS to 2,000 with 100x Gas Limit Boost
Ethereum researcher Dankrad Feist has proposed a four-year roadmap to dramatically increase the network’s gas limit by 100-fold. This technical overhaul could push Ethereum’s transaction processing capacity to 2,000 transactions per second, marking a quantum leap in scalability for the world’s largest smart contract platform.
The proposed upgrade addresses one of Ethereum’s most persistent challenges - network congestion during periods of high demand. By optimizing gas efficiency, the plan seeks to future-proof the blockchain against growing adoption across DeFi, NFTs, and institutional applications.
Market observers note this development comes at a pivotal moment, as Ethereum continues to solidify its position as the foundational layer for Web3 infrastructure. The scalability improvements could further widen Ethereum’s lead over competing smart contract platforms.
Vitalik Buterin Responds to Charles Hoskinson’s Ethereum Criticism with Layer-Zero Update
Ethereum co-founder Vitalik Buterin has addressed recent critiques from Charles Hoskinson, founder of Cardano, by unveiling updates to Ethereum’s Layer-Zero infrastructure. The move comes as Ethereum faces mounting pressure over scalability challenges, particularly with the growing adoption of Layer-2 solutions like Arbitrum and Optimism.
Buterin’s response highlights Ethereum’s ongoing efforts to maintain its dominance in the smart contract platform space. The Layer-Zero update aims to address fundamental bottlenecks, signaling a strategic pivot toward long-term scalability rather than short-term fixes.