BlackRock, NYSE push for staked ETH ETFs – Why it matters
Portfolio Pulse from
BlackRock and NYSE Arca are advocating for staked Ethereum ETFs, highlighting growing institutional interest in crypto investment products. The proposal aims to enhance returns through staking rewards and attract a broader investor base. Recent staking data shows increasing participation, with platforms like Kraken and Blockdaemon leading deposit growth.
March 22, 2025 | 3:15 am
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BlackRock and NYSE Arca's push for staked ETH ETFs could increase institutional interest and potentially drive Ethereum's price upward by making crypto investments more attractive.
Staked ETF proposals signal growing institutional acceptance of Ethereum, potentially increasing demand and price. Staking rewards make ETH more attractive to investors.
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