BREAKING
223d 9h ago

SEC Delays Decision on Staking Feature for Bitwise Spot Ethereum ETF

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

On July 1st, the U.S. Securities and Exchange Commission (SEC) deferred its ruling regarding the integration of staking features into the Bitwise Spot Ethereum ETF. This delay reflects the regulator’s cautious stance on incorporating staking mechanisms within exchange-traded funds, highlighting ongoing scrutiny over compliance and investor protection. The decision postponement underscores the complexities involved in aligning innovative crypto asset functionalities with established financial regulations. Market participants are closely monitoring this development, as it may influence the future structuring of Ethereum-based investment products and the broader adoption of staking as a service in regulated environments.

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