Ark 21Shares has updated its application for a spot Ethereum (CRYPTO: ETH) ETF, introducing new sections on potential staking and adjustments similar to those in its Bitcoin (CRYPTO: BTC) ETF proposal regarding cash creation. What Happened: Scott Johnsson, a general partner at Van Buren, interpreted the bracketed staking language as an indication that Ark 21Shares anticipates discussions with the U.S. Securities and Exchange Commission (SEC) on this matter, Blockworks reported. The filing outlines the possibility of staking a portion of the ETF’s assets through trusted third parties, with the …

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