BlackRock’s head of digital assets says staking could be a ‘huge step change’ for ether ETFs
Publishing timestamp: 2025-03-20 16:51:04
Summary
Appetite for ether ETFs has been low due to regulatory issues, particularly the inability to earn staking yield. BlackRock's head of digital assets sees potential for growth if these issues are resolved, but acknowledges the complexity of the challenges. The SEC is working on defining the security status of digital assets. Ether has been struggling with narratives, revenue, and competition from Solana. BlackRock focuses on tokenization, stablecoin adoption, and decentralized financing as key use cases for ether.
Sentiment: NEUTRAL
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