While the U.S. Securities and Exchange Commission (SEC) approved spot Ethereum ETFs without the staking option, Commissioner Hester Peirce mentioned that this decision could be reconsidered.

Peirce shared this perspective during an interview, indicating that the exclusion of staking for spot Ethereum ETFs or other spot ETF features might be revisited.

“There were features of the product that some people would have liked to see included but weren’t — those are always open for reconsideration as far as I’m concerned,”

Peirce did not comment on the specific circumstances surrounding the SEC’s engagement with issuers and the exclusion of staking.

Analyst on Potential Review for Staking in ETH ETFs

When the SEC approved spot Ethereum ETFs in May, the issuers’ filings did not include staking. This decision stemmed from the agency’s view that staking constitutes an investment contract. The Commission also sued Ethereum development firm Consensys in June over staking offerings via the company’s MetaMask wallet.

Bloomberg’s senior ETF analyst, Eric Balchunas, commented that Peirce’s viewpoint aligns with what many have speculated. Balchunas noted that the reconsideration could encompass both staking and in-kind creation or redemptions for spot ETH and spot BTC ETFs. This is more likely if there is a change in the U.S. government following the upcoming election.

As of now, the crypto market has responded positively to the anticipation of spot Ethereum ETFs making their trading debut next week. The price of Ethereum surged above $3,500 on July 17, and this enthusiasm also buoyed Solana and other altcoins to key levels.

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