Consensys founder anticipates U.S. SEC approval for Ethereum ETFs with staking features

Joe Lubin, co-founder of Ethereum and founder of Consensys, told Cointelegraph that issuers of Ethereum $ETH ETFs anticipate approval from the U.S. Securities and Exchange Commission (SEC) under its new leadership for funds that include staking features. Lubin added that these issuers are developing solutions to navigate the complexities associated with staking. 

Staking, a key aspect of Ethereum's proof-of-stake (PoS) mechanism, involves holding cryptocurrency to validate transactions and earn rewards. However, the SEC has concerns that staking services could be considered unregistered securities offerings.
#eth
#ETH