SEC Delays Ethereum ETF Staking Decisions: Impact on U.S. Investors

The SEC has delayed its decision on Ethereum ETF staking rewards, frustrating U.S. investors missing out on potential yields of up to 7%. This regulatory hold-up, alongside other approvals in global markets, stalls innovation in the U.S. crypto space. Ethereum is currently in a consolidation phase, trading between resistance and support levels, with future performance hinging on regulatory outcomes and price actions.

The SEC has delayed its decision regarding Ethereum ETFs and staking rewards again, with Grayscale’s proposal awaiting a review until June 1 and a final ruling expected by October 2025. Meanwhile, global markets advance, leaving U.S. investors without access to potential staking yields of up to 7% associated with Ethereum, thereby hindering their opportunity for passive income.

On April 15, the SEC postponed key decisions regarding Ethereum staking and in-kind redemptions for various crypto ETFs. Grayscale’s proposal filed through NYSE Arca remains under review, while WisdomTree and VanEck’s requests for in-kind redemptions have also been delayed. These regulatory suspensions hinder innovation in the U.S. crypto ETF sector as other jurisdictions adopt more progressive stances on staking.

Staking allows Ethereum ETF holders to earn yields passively by locking up ETH, with many global markets recognising its benefits. However, the SEC continues to express caution, citing investor protection as a priority. As Ethereum struggles and ETF interest decreases, integrating staking could be vital for enhancing ETF offerings.

As of April 15, 2025, Ethereum trades within a consolidation range between resistance at approximately $1,680 and support around $1,580. The price is attempting to establish a bullish trend, recovering from supports near $1,480 and $1,400. The current RSI at 53 indicates neutral market momentum, with no clear overbought or oversold signals influencing short-term price actions.

The MACD’s recent death cross suggests a lack of significant upward momentum, emphasized by its flat histogram confirming stable market activity. In order for bulls to instigate a breakout, Ethereum must surpass the $1,680 resistance, otherwise it may revert to the range of $1,500 to $1,480 if prices dip below $1,580.

The ongoing regulatory delays from the SEC juxtapose the need for innovation in the crypto space. As global competitors leverage staking yields, American investors are left waiting. Ethereum’s price trajectory and potential ETF inflows are heavily reliant on regulatory developments. If the SEC approves staking before the October deadline, it could provide a significant boost to ETH. Until such developments occur, the prospect for Ethereum staking remains at a crossroads, defined by both potential and regulatory limitations.