Bloomberg analyst: The deadline for approval of BlackRock's Ethereum ETH pledge should be April next year, but it could be approved as early as Q4 of this year

According to a report by Golden Finance, Bloomberg ETF analyst James Seyfart stated in an article on X platform that the Ethereum ET staking options submitted by multiple institutions "still need time to be completed." The final deadline for early applications is late October 2025, but the approval deadline for BlackRock's Ethereum ETH staking application is around April 2026 (although we believe it may be approved as early as the fourth quarter of 2025). However, VanEck, 21Shares, and Canary Capital have urged the US Securities and Exchange Commission to consider adopting a first in, first out approval process rather than "batch approval" with BlackRock, which submitted its applications later.