SEC in January spot Bitcoin ETF’After he gave his approval, all eyes were on the spotlight. Ethereum Converted to ETFs.
While investors wait for ETH ETFs to also receive approval Bloomberg ETF analyst Eric BalchunasWhile we expect the Ethereum spot ETF to have a 70% chance of being approved in May, JPMorgan Analysts said they saw no more than a 50% chance of spot ETH ETF approval until May.
While there is no full consensus on Ethereum ETFs, a new report came from BITMEX analysts.
Pending before SEC for approval spot Ethereum ETFs While speculation continues as to whether it will provide staking returns on Ethereum, BitMEX analysts noted that the lack of staking revenue in spot ETH ETFs could reduce the attractiveness of ETH ETFs.
According to The Block, analysts say that staking returns Ethereum He emphasized that the network is a very important factor in its success.
At this point, analysts pointed out that ETH staking return is an important factor for institutional investors and ETF buyers and said the following.
“Ethereum staking rewards currently yield approximately 3.7%.
While this return may not be significant for all Ethereum holders, it remains an important consideration for institutional investors and ETF buyers.
At this point, it’s certainly possible for the raw Ethereum price to underperform Bitcoin over the long term, but Ethereum stakers can earn higher returns than Bitcoin holders with the benefit of staking yield. That’s why staking return is an important consideration for institutional investors and ETF buyers.
Therefore, if companies applying for ETFs cannot offer returns from Ethereum staking in ETFs, the attractiveness of spot Ethereum ETFs may diminish even if approved.”
BitMEX Research analysts argued that if spot ETH ETFs are launched in the US without staking returns, existing holders and stakers may be less willing to move their assets into an ETF.
Stating that there may be possible solutions to this, analysts say that the SEC “Willing to put every possible obstacle in the way of ETF providers.” He said that ETF issuers are desperate for staking due to the
Analysts also say that ETH He added that the inclusion of staking yield in their ETFs could be a step too far.
*This is not investment advice.
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