Institutional interest in spot Ethereum ETFs may not reach the level expected until the staking option opens.
Cryptocurrency derivatives trader Gordon Grant Until staking is enabled for spot Ethereum ETFs, institutional traders will instead will focus on different investments argued:
For institutional players in particular, until staked Ethereum exchange-traded products emerge, they are likely to have the sophistication to go for on-chain solutions instead.
The banking giant that recently made a statement JP Morganhad said that the lack of staking for spot Ethereum ETFs makes them less attractive as an investment product.
SEC does not accept staking option
The U.S. Securities and Exchange Commission (SEC) has ruled that spot Ethereum ETF issuers in S-1 files requested an update and staking He wanted the option to be removed.
Accordingly, all of the companies that wanted to issue Ethereum ETFs had removed the staking option. Against this Hong Kong Some of the other countries that export Ethereum like, staking will be allowed he explained.