Robert Mitchnick, BlackRock's head of digital assets, stated at the Digital Asset Summit that the existing Ethereum ETF solutions do not include staking functionality, and staking rewards are an important component of Ethereum's investment returns, which has hindered its development. At the same time, he believes that the market's negative expectations for Ethereum have been exaggerated, and he emphasizes that its core value lies in blockchain technology innovation, especially in the areas of tokenization, stablecoin adoption, and decentralized finance. (CNBC)
BlackRock executive: Lack of staking functionality hinders the development of Ethereum ETFs
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