The U.S. Securities and Exchange Commission (SEC) has formally postponed the staking feature intended for the Invesco Galaxy Spot Ethereum exchange-traded fund (ETF). This regulatory delay halts the planned integration of staking functionality within the proposed investment vehicle.
The postponement stalls key infrastructure that would have enabled the ETF to generate yield through Ethereum’s proof-of-stake mechanism. Industry observers note this impacts the fund’s planned functionality, though the broader ETF proposal remains pending regulatory consideration.