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Grayscale Ethereum Spot ETF Application Has Removed Staking-Related Content

Odaily News Grayscale has deleted the pledge-related content in its proposed Ethereum spot ETF application, according to a revised preliminary proxy statement. In a previous document, Grayscale had proposed to investors that Ethereum could be pledged through the trust fund, but this wording was not included in the revised preliminary proxy statement submitted by Grayscale on Tuesday. Other issuers, including Fidelity, have also taken similar measures. (The Block) Earlier news, regulatory application documents showed that Grayscale has confirmed that its Ethereum Mini Trust will not directly or indirectly participate in ETH staking.
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