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    1. coinfeeds-bot on

      tldr; The US SEC has acknowledged BlackRock’s filing to allow staking in its Ethereum ETF, a significant step forward though not a guarantee of approval. BlackRock and Nasdaq proposed a rule change to enable staking in the iShares Ethereum Trust (ETHA), with rewards treated as fund income. ETHA, the largest Ethereum ETF, has seen substantial inflows, boosting Ethereum’s price by over 50% in the past month. The SEC acknowledgment may lead to a public comment period for stakeholder input.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. TheGreatCryptopo on

      Bloody hell this is a seismic event bigger than an 8.8 off the coast of Russia. It might even be connected. Once ETH ETF staking gets the OK there are gonna be a shit load of companies wanting in on providing ETF’s where they literally be getting double income from clients money. And they get to keep it unless they’re good souls and pass on the benefit.

      This plays out the way I reckon its gonna we’ll see ETH north of 8k EOY. And thats me cup half empty.

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