Grayscale Pushes for Ethereum ETF Staking as ETH Eyes $2K Milestone

Grayscale Investments is making a strong case for the inclusion of staking functionality in Ethereum-based exchange-traded products. In a recent meeting with the SEC’s Crypto Task Force on April 21, the asset manager proposed amendments to its filings for both the Grayscale Ethereum Trust ETF and Ethereum Mini Trust ETF. This development coincides with Ethereum’s renewed bullish momentum, with analysts setting their sights on the $2,000 price level. Grayscale’s proactive approach underscores the growing institutional interest in Ethereum and its potential for further growth in the cryptocurrency market.

Grayscale Advocates for Ethereum ETF Staking Approval as ETH Targets $2K

Grayscale Investments has intensified its push for Ethereum-based exchange-traded products to include staking functionality. The asset manager met with the SEC’s Crypto Task Force on April 21, proposing amendments to its filings for both the Grayscale Ethereum Trust ETF and Ethereum Mini Trust ETF.

The move comes as Ethereum shows renewed bullish momentum, with analysts eyeing the $2,000 price level. Grayscale’s proposal would allow its ETPs to participate directly in Ethereum’s proof-of-stake consensus mechanism, potentially creating new yield opportunities for institutional investors.

Market observers note the SEC meeting signals growing institutional demand for crypto yield products. Ethereum’s price has shown resilience despite recent market volatility, with the staking proposal seen as a potential catalyst for further upside.

Ethereum’s Pectra Upgrade On Track for May 7, EOF Delayed to Fusaka

The Ethereum Foundation has confirmed that the Pectra upgrade remains on schedule for May 7, but without the contentious Ethereum Object Format (EOF) changes. EOF, a major overhaul of Ethereum’s execution engine, will instead debut with the subsequent Fusaka upgrade.

Tomasz K. Stańczak, Ethereum Foundation Co-executive Director, clarified via X on April 28 that EOF was never intended for Pectra. The decision follows months of developer debate over EOF’s complexity and necessity. Pectra’s CORE improvements will proceed unimpeded, maintaining Ethereum’s roadmap for scalability and efficiency.

Ethereum Researcher Proposes 100x Gas Limit Increase to Enhance Network Capacity

Ethereum Foundation researcher Dankrad Feist has unveiled a bold proposal to exponentially increase the network’s gas limit, aiming to significantly boost transaction throughput and overall performance. The plan, outlined in Ethereum Improvement Proposal (EIP) 9698, calls for a 100-fold expansion of the current gas limit over a four-year period through automated client-side adjustments.

The current manual voting system among miners and operators has led to inconsistent growth patterns, often resulting in either stagnation or overly conservative adjustments. Feist’s proposal introduces a predictable, exponential growth model designed to align with anticipated improvements in hardware capabilities and protocol efficiency. "This approach provides the network with a clear trajectory for scaling," Feist noted, "while maintaining transparency about its capacity expansion."

If implemented, this change could mark a watershed moment for Ethereum’s scalability, potentially easing congestion and reducing transaction costs during peak demand periods. The proposal comes as Ethereum continues to solidify its position as the leading platform for decentralized applications and smart contracts.

Ethereum Researcher Proposes 100x Gas Limit Expansion to Boost Throughput

Ethereum Foundation researcher Dankrad Feist has unveiled EIP-9698, a bold proposal to increase the network’s gas limit by 100-fold over four years. The plan, set to begin gradual implementation in June 2025, targets a final gas limit of 3.6 billion—enough to accommodate approximately 6,000 transactions per block.

The upgrade would elevate Ethereum’s transaction processing capacity to around 2,000 TPS, marking a significant leap in Layer 1 scalability. This development complements existing Layer 2 solutions while laying groundwork for future enhancements like the Fusaka and Pectra upgrades.

Feist’s proposal signals Ethereum’s renewed commitment to base-layer scaling, potentially reshaping the network’s capacity landscape ahead of broader institutional adoption. The measured rollout strategy aims to balance throughput gains with network stability considerations.