Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation 
Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report 
Apple Leads Singles’ Day Smartphone Sales as iPhone 17 Demand Surges 
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600 
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded 
Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks 
Amazon and Google Launch New Multicloud Networking Service to Boost High-Speed Cloud Connectivity 
Samsung Launches Galaxy Z TriFold to Elevate Its Position in the Foldable Smartphone Market 
AI-Guided Drones Transform Ukraine’s Battlefield Strategy 
BlackRock, Grayscale, and Bitwise amended their spot Ether ETF filings, with the SEC now seeking public comments.
Staking Provisions Removed in Updated Ether ETF Filings
The Securities and Exchange Commission (SEC) has received revised 19b-4 filings from three additional asset managers based in the United States who are developing spot Ether ETF applications, Cointelegraph reports.
BlackRock, a provider of asset management services, updated its spot Ether ETF 19b-4 application on May 22 to eliminate staking provisions, as reported by the Nasdaq Stock Market.
Similar alterations were submitted by Grayscale and Bitwise to the NYSE Arca. The registration and trading of spot Ether ETFs on exchanges would be authorized if the SEC granted approval for the 19b-4 filings.
In the revised BlackRock filing, it was stated that “Neither the Trust, nor the Sponsor, nor the Ether Custodian [...] nor any other person associated with the Trust will, directly or indirectly, engage in action where any portion of the Trust’s ETH becomes subject to the Ethereum proof-of-stake validation or is used to earn additional ETH or generate income or other earnings.”
Applications reflecting similar changes regarding removing staking were received on May 21 from Fidelity, VanEck and Franklin Templeton, Invesco Galaxy, and ARK 21Shares.
SEC Requests Feedback on Spot Ether ETFs
The most recent development involves the publication of a filing by the United States Securities and Exchange Commission (SEC) that requests public feedback on several potential spot Ethereum ETF applications.
“The Exchange believes that the proposal is, in particular, designed to protect investors and the public interest. The investor protection issues for U.S. investors has grown significantly over the last several years, through roll costs for ether Futures ETFs and premium/discount volatility and management fees for OTC Ether Funds,” as stated in the filing.
Coingape elaborates that the fact that the regulator is requesting comments implies that they may be more open to approving the product if it aligns with market expectations.
Photo: Microsoft Bing
