With the SEC granting an in-principal approval to spot Ethereum ETFs last week, many expect these Ether-denominated investment vehicles to replicate the extraordinary success of their Bitcoin-based counterparts. However, based on the gold vs. silver analogy, such an occurrence commands a fairly remote probability. Last week, the SEC granted an in-principal approval to the Grayscale Ethereum Trust, the Bitwise Ethereum ETF, the iShares Ethereum Trust, the VanEck Ethereum Trust, the ARK 21Shares Ethereum ETF, the Invesco Galaxy Ethereum ETF, the Fidelity Ethereum Fund, the Franklin Ethereum ETF. None of the approved ETFs, however, allow for staking on the Ethereum network, […]
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