SEC Considers Allowing Collateralization for BlackRock’s Ethereum ETF and Delays Grayscale’s Litecoin ETF Decision

The U.S. Securities and Exchange Commission (SEC) is reviewing an application from BlackRock, one of the world’s largest asset managers, to include staking functionality in its Ethereum (ETH) ETF. The SEC has also postponed its decision on Grayscale’s Litecoin (LTC) ETF application until October 10.