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Spot Ether ETF staking could ‘dramatically reshape the market’

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 15 Views

Hank Huang, CEO of Kronos Research, said Ether ETFs offering yield through staking “flips the switch on demand,” boosting liquidity and greater onchain participation.

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 year.

NovaDius Wealth Management president and ETF analyst Nate Geraci said in an X post on Wednesday that, given the SEC has recently acknowledged the Nasdaq’s application to add staking to BlackRock’s iShares Ethereum ETF, Ethereum ETF staking could be next on the agencies’ “hit list.” 

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