This is incredibly positive for Ethereum! With reduced supply and increased demand, ETH staking enhances the "yield" of ETFs, similar to stock dividends, attracting more institutional and retail investors. Competitors like BlackRock are expected to follow suit, and it's estimated that new inflows into various Ethereum ETFs will exceed $10 billion over the next year.
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Grayscale
@Grayscale
10-06
Today, Grayscale Ethereum Mini Trust ETF (Ticker: $ETH) and Grayscale Ethereum Trust ETF (Ticker: $ETHE) have become the first U.S.-listed spot crypto exchange-traded products (ETP) to enable staking, another first-mover milestone for the firm.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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