CoinGape
2024-05-22 21:35:41

Staking Ban Could Erode Appeal of Ethereum ETF: Bloomberg

Proposed spot Ethereum ETFs face hurdles as issuers, including Fidelity and Ark Investment, drop staking plans. This decision, driven by regulatory concerns, could diminish the appeal of these funds compared to direct Ether investments, which offer staking rewards. Staking Removal Hurts Ethereum ETFs Attractiveness The removal of staking plans from Ethereum ETFs might reduce their The post Staking Ban Could Erode Appeal of Ethereum ETF: Bloomberg appeared first on CoinGape .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.