The US Sea voluntarily indicated to include the feature in the ETF, the US Sea assured its stance on crypto stacking under the former chair Gary Gensler.
Jito Labs and Multicin Capital Conducted Interaction with the Crypto Task Force of the Securities and Exchange Commission, including stacking in exchange-traded products.
Crypto stacking involves depositing digital assets in a smart contract to secure the blockchain network. Stackers receive yields as rewards, encouraging participation. Developers have also introduced liquid stacking and liquid resting protocols to attract more users.
Under the previous administration and former SEC President Gary Gansler, stacking was effectively banned and considered a violation of federal rules. Firms such as Crackon were forced to shut down staking services for American customers, although the company has resumed the facility between transferring regulatory policies.
SEC’s attitude has changed after the inauguration of President Donald Trump. A task force established by interim president Mark Uyda, led by the Regulation-by-Enforcement Commissioner Hester Peerus, is committed to clarify the Crypto rules and address the concerns of the industry.
The initiative admitted that some issuers originally included stacking in the Etharium (ETH) ETF applications, but they were instructed before removing such a language.
According to SEC’s Crypto Task Force, the agency is now ready to revaluate stacking in ETP. In connection with the meeting with GITO Labs and Multicin Capital, an SEC filing also stated that stacking investment can benefit products and comprehensive digital asset ecosystem.
Jito Labs operates Jito, one of the largest Solan-based staking platforms, while Multikin Capital is a crypto investment firm established in 2017.
Given the important role of the stake of the blockchain network, we believe that stacking will be a net profit
For these ETPS products and overall crypto industry. Permission for stacking of indigenous cryptocurrency
Will increase the safety and security of the network in which these assets are operated, and will align
Investors with unique characteristics of these assets.SEC Filing on Meeting with Jito, Multichain
Re -looking at stacking in ETFs can rule a debate since 2024, when Spot Ether ETFs were still subject to reviews. Analysts stated that the atherium ETF with stacking could focus the supply of closed ether in the hands of some. In contrast, experts stated that products would increase the demand for ether and investor appetite for stakeing protocols.
