Bloomberg analysts: BlackRock, Ethereum ETH pledge approval deadline should be April next year, but approval may be approved as early as Q4 this year
According to online reports, Bloomberg ETF analyst James Seyffart wrote on the X platform that the Ethereum ET pledge options submitted by many institutions "will take time to complete", and the final deadline for early applications is late October 2025, but BlackRock The approval deadline for Ethereum ETH pledge application submitted will be 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 adopting a first-in, first-out approval process rather than "batch approval" with BlackRock, which filed late applications.
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