In This Article
- Ethereum Staking ETF Postponement No Surprise - Approval Likely In October?
- Ethereum Treasury Firms Go On a Buying Spree - ETH Price to $5,000?
- Postponement For Some ETFs, But Greenlight For Dogecoin ETF
- BONUS: Pepenode (PEPENODE) Hits $975,000 in ICO Funding as Rumours Swirl On The Next Potential Memecoin ETF
Yesterday (September 10), the Securities and Exchange Commission (SEC) announced its decision to delay decisions on three crypto exchange-traded funds (ETFs). The key postponed decision was BlackRock’s Ethereum staking proposal.
Also postponed in yesterday’s SEC communication was Franklin Templeton’s spot Solana and XRP ETF applications. The delays come as the SEC develops a generic listing framework that looks to speed up future crypto ETF approvals.
THE SEC HAS DELAYED ITS DECISION ON STAKING FOR BLACKROCKS SPOT $ETH ETFS pic.twitter.com/nCDzlvVnSU
— That Martini Guy ₿ (@MartiniGuyYT) September 10, 2025
Ethereum Staking ETF Postponement No Surprise – Approval Likely In October?
Although some individuals are lamenting the postponements of VanEck’s spot SOL and XRP ETFs, alongside BlackRock’s Ethereum
Ethereum
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staking ETF proposal, to those within the industry, it comes as no surprise.
As far back as April, well-known Bloomberg ETF analyst James Seyffart stated his belief that October would likely be a key month for crypto ETF approvals.
Seyffart’s April X post read, “We also had the SEC delay decisions on Ethereum Staking and Dogecoin ETFs today. I am expecting more delays today or at least this week on some Solana and Hedera/HBAR ETF filings. This is expected IMO. Final deadlines for most of this stuff is in October 2025 or later.”
However, even with this latest batch of postponements, the SEC has been working closely with US exchanges on a standardized listing framework for token-based ETFs that would eliminate individual rule-change requests for qualifying assets.
Under the proposed framework, sponsors would submit registration statements on Form S-1, observe standard 75-day review periods, and list products once the waiting periods have ended. If introduced, the new framework would massively streamline the ETF proposals for crypto assets.
Ethereum Treasury Firms Go On a Buying Spree – ETH Price to $5,000?
SharpLink(@SharpLinkGaming) just transferred 379M $USDC to #GalaxyDigital and may be used to purchase more $ETH.https://t.co/UNwwKTMd4C pic.twitter.com/NiVURePcSP
— Lookonchain (@lookonchain) September 11, 2025
With an approval of the Ethereum staking ETF looking likely for October, the ETH price has surged +2.6% overnight, also fuelled by the news that Bitmine (BMNR) and Sharplink Gaming (SBET) have resumed their ETH buying strategies.
Overnight, Bitmine purchased $200M worth of Ethereum, while Sharplink has moved $379M worth of the USDC stablecoin to Galaxy, possibly in anticipation of a major ETH buy.
Currently, Bitmine and Sharplink hold a combined 2.9M Ethereum, approximately 2.4% of the overall ETH supply, with the stack being valued at over $12.8Bn.
The ETH price is trading at $4,415 during this morning’s session, with many viewing a reclaim of $4,400 bullish for Ethereum, as it has often proven difficult to clear, dating back to 2021.
Unless Ethereum can quickly clear $4,500, there may be another drop lower to flush out late longs; however, reclaiming the $4,500 level would likely signal a clear run toward $5,000.
Many catalysts combine at the perfect time to ensure the ETH price stays in a bullish uptrend, with a BlackRock Ethereum staking ETF right around the corner and billion-dollar publicly traded companies continuing to buy up the Ethereum supply.
Prediction markets platform, Polymarket, is also in a majority agreement that the ETH price will hit $5,000 this year. Its ‘What price will Ethereum hit in 2025?’ market is currently sitting at a 75% chance of $5,000, 36% chance of $6,000, and 24% chance of hitting $7,000 before the year is up.
(SOURCE)
Postponement For Some ETFs, But Greenlight For Dogecoin ETF
Meme coin ETF era about to kick off it looks like with $DOJE slated for a Thursday launch, albeit under the 40 Act a la $SSK. There's a big group of '33 Act-ers waiting for SEC approval still. Pretty sure this is first-ever US ETF to hold something that has no utility on purpose pic.twitter.com/BIcpu1zR4o
— Eric Balchunas (@EricBalchunas) September 9, 2025
On September 9, Eric Balchunas, Senior ETF Analyst for Bloomberg, announced that the “memecoin ETF era is about to kick off,” with a Dogecoin ETF set to launch today (September 11) under the 40 Act structure.
Balchunas noted that this could potentially be the “first-ever US ETF to hold an asset with no utility by design,” as Dogecoin was initially created as a tribute to the Doge meme.
The ETF analyst received significant pushback from the DOGE community due to his ‘no utility’ comments, but doubled down by adding, ‘But two guys literally started the coin as a joke.’ So what’s the utility?”
Seyffart previously reported that there are 92 crypto ETF applications in total, covering various crypto assets, including Solana, XRP, Litecoin, and staking versions of existing products, most notably, Ethereum, with all 92 still awaiting decisions from the SEC.
The comprehensive filing list includes applications from major asset managers such as VanEck, Grayscale, Canary, Bitwise, and Franklin Templeton.
Traders are now wondering what the next memecoin to receive an ETF could be, with Pepenode (PEPENODE) an obvious contender due to its Pepe branding, coupled with an insane amount of utility.
BONUS: Pepenode (PEPENODE) Hits $975,000 in ICO Funding as Rumours Swirl On The Next Potential Memecoin ETF
With the market in a frenzy following the launch of a DOGE ETF, investors everywhere are eagerly seeking the next best candidate to receive an ETF proposal from the likes of Grayscale, Franklin Templeton, or even BlackRock.
Pepenode (PEPENODE) stands out amongst the crowd, unlike DOGE, which Eric Balchunas commented has “no utility by design.” In contrast, PEPENODE has plenty of utility, and all are designed to maximize holders’ passive earning capabilities.
The utility in question combines Virtual Mining, Staking, and rising presale prices via a price-stage presale model. All three combine to create buzz and hype for the PEPENODE token before the project goes live across decentralized and centralized exchanges.
Virtual mining allows investors to set up virtual nodes and facilities that produce rewards immediately via a simplified dashboard. This allows presale investors to compound their investment and earn additional revenue with this GameFi approach to mining.
Staking is another aspect of the yield-bearing utility for PEPENODE presale investors. An insane 1414% APY is currently on offer for those wishing to earn even more passive income on their ICO bag. Around 558M PEPENODE tokens have been staked to date.
Finally, the Pepenode team has adopted a price stage presale model, which sees the PEPENODE price increase incrementally, meaning investors are automatically in profit each time the project reaches its next price stage.
The PEPENODE token is currently worth $0.0010533 at this stage of the presale, with just over 24 hours remaining until the timer expires and the price increases again.
EXPLORE: Best Meme Coin ICOs to Invest in 2026
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