SEC Postpones Decision on Franklin Templeton Ethereum ETF Staking Proposal

The U.S. Securities and Exchange Commission has extended its review of Franklin Templeton’s proposed spot Ethereum ETF, which includes a staking component—adding to the growing list of delayed rulings on crypto-related funds.

Filed via the Cboe BZX Exchange, the proposal initially did not feature staking but was later amended to include it, prompting additional scrutiny from regulators.

The delay gives the SEC more time to evaluate how staking aligns with federal securities laws and the Investment Company Act.

This move follows similar postponements for other staking-enabled Ethereum ETFs from Grayscale, Bitwise, and 21Shares.

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Grayscale’s decision was initially expected in early June but has been pushed into July, while Bitwise received a 45-day extension, moving its new deadline to July 6.

The SEC’s continued hesitation signals broader regulatory uncertainty surrounding staking mechanisms in publicly traded crypto funds.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.