The U.S. Treasury provides a clear regulatory path for cryptocurrency ETP staking services

ChainCatcher news, according to Financefeeds, U.S. Treasury Secretary Scott Bessent has issued a new statement in coordination with the Internal Revenue Service (IRS) updating guidance to provide regulatory support for cryptocurrency ETPs with staking features.

This guidance clarifies the tax treatment of staking rewards within ETP structures, outlining a "clear path" for asset management companies seeking to offer digital asset yield exposure. The new policy clarifies that staking rewards generated within ETP structures will not immediately trigger direct tax obligations for individual investors, addressing the long-standing uncertainty surrounding proof-of-stake cryptocurrencies in regulated investment vehicles.

This clarification could significantly expand the types of cryptocurrency market exposure available to U.S. investors through mainstream brokerage accounts. The industry response has been generally positive, with asset management companies that previously delayed the launch of Ethereum staking ETPs due to compliance risks stating that the updated framework reduces compliance risks and increases product viability.

Market analysts point out that this move could accelerate the approval timeline for Ethereum staking ETPs and pave the way for multi-chain staking products for networks such as Solana, Avalanche, and Cosmos.