Like how the US under Trump is opening up Crypto more, being a leader in the world.
And with "staking" Ether ETF's will grow...
Progress toward adoption
Ether ETFs launched in June 2024 but struggled to attract significant investor interest. According to data from Farside Investors, the funds have seen net inflows of $2.4 billion as of April 10, compared to $35 billion for Bitcoin ETFs introduced in January. Analysts say the SEC’s approval of Ether ETF options could help spur adoption.
Asset managers are also waiting on the SEC to greenlight requests to allow in-kind creations and redemptions for Bitcoin and Ether ETFs.
The emergence of options markets tied to spot crypto ETFs is a “monumental advancement” in crypto markets and creates “extremely compelling opportunities” for investors,” Jeff Park, Bitwise Invest’s head of alpha strategies, said in a Sept. 20 X post.
But staking could be the most significant step forward for Ether funds.
In March, Robbie Mitchnick, BlackRock’s head of digital assets, said Ether ETFs are “less perfect” without staking.
“A staking yield is a meaningful part of how you can generate investment return in this space.”https://www.zerohedge.com/crypto/ether-etf-staking-could-come-soon-may"Staking" -
Staking enables issuers to boost the returns of some cryptocurrency exchange-traded products (ETPs) by contributing their coins to large pools of assets in exchange for rewards. Which to me is maybe better described as incentivized collateral in the mining process, perhaps?
Anyway, maybe folks more into this can correct me...and yes I am thinking of Weisshaupt.
