Bloomberg analyst: BlackRock’s Ethereum ETH pledge approval deadline should be April next year, but it may be approved as early as Q4 this year

Odaily News James Seyffart, an ETF analyst at Bloomberg, wrote on the X platform that the Ethereum ET staking options submitted by multiple institutions will take time to complete, and the final deadline for early applications is late October 2025, but the approval deadline for the Ethereum ETH staking application submitted by BlackRock will not be until around April 2026 (but we believe it may be approved as early as the fourth quarter of 2025). However, VanEck, 21Shares and Canary Capital have urged the U.S. Securities and Exchange Commission to consider a first-in, first-out approval process, rather than batch approval with BlackRock, which submitted its application later.