Staking Approval for Ether ETFs Could Ignite Institutional Surge

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Staking approval for US-listed Ether spot exchange-traded funds will bring huge inflows of institutional money into Ethereum, possibly giving Bitcoin ETFs a run for their money, analysts say.

Speaking to Cointelegraph, 10x Research’s head of research, Markus Thielen, said staking for Ethereum ETFs would increase the yield and could “dramatically reshape the market.”

US ETF issuers are still waiting for the US Securities and Exchange Commission to allow Ether ETFs to offer staking after filing numerous requests for permission earlier this…



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Staking Approval for Ether ETFs Could Ignite Institutional Surge


Staking approval for US-listed Ether spot exchange-traded funds will bring huge inflows of institutional money into Ethereum, possibly giving Bitcoin ETFs a run for their money, analysts say.

Speaking to Cointelegraph, 10x Research’s head of research, Markus Thielen, said staking for Ethereum ETFs would increase the yield and could “dramatically reshape the market.”

US ETF issuers are still waiting for the US Securities and Exchange Commission to allow Ether ETFs to offer staking after filing numerous requests for permission earlier this…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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