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Multiple institutions' ETH stake ETF applications may be approved in the fourth quarter of 2025.
[Coin World] Several institutions have submitted Ethereum ETF staking options "will take time to complete". The final deadline for early applications is in late October 2025, but the approval deadline for the Ethereum ETF staking application submitted by a certain trading platform is around April 2026 (though we believe it may be approved as early as the fourth quarter of 2025). However, several institutions have urged the SEC to consider adopting a first-in, first-out approval process, rather than wanting to "batch approve" with a certain trading platform that submitted their application later.