Ethereum ETF Staking's Impact Minimal Without Prolonged ETH Rally
Ethereum ETF Staking's Impact Minimal Without Prolonged ETH Rally
Bloomberg ETF analyst Eric Balchunas asserts that the approval of staking for U.S. spot Ethereum exchange-traded funds (ETFs) will have minimal impact on investor inflows unless Ether (ETH) experiences a prolonged price rally. Despite the potential benefits of staking, Balchunas emphasizes that without a sustained upward trend in ETH's price, the attractiveness of these ETFs remains limited.
Since their U.S. debut in July 2024, spot Ethereum...
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