mustReadToUnderstandHowEnvironmentaccept
321 views
2 Discussing
Hot
Latest
This is what pro traders tell you and that is what you are so please be pro before jumping learn skills candlestick chart šš patterns moving averages and others before trading and don't be fool by traders
#guideforyou #Binance #mustReadToUnderstandHowEnvironmentaccept $BTC $ETH $XRP
#guideforyou #Binance #mustReadToUnderstandHowEnvironmentaccept $BTC $ETH $XRP
#CryptowolrdNews
#BlackRock
#mustReadToUnderstandHowEnvironmentaccept
BlackRockās head of digital assets says staking could be a āhuge step changeā for ether ETFs
There's a widely held view that the success of ether ETFs has been "meh" compared to the explosive growth in funds tracking bitcoin, Mitchnick said at the Digital Asset Summit in New York City Thursday. Though he sees that as a "misconception," he acknowledged that the inability toĀ earn a staking yieldĀ on the funds is likely one thing holding them back.
"There's obviously a next phase in the potential evolution of [ether ETFs]," he said. "An ETF, it's turned out, has been a really, really compelling vehicle through which to hold bitcoin for lots of different investor types. There's no question it's less perfect for ETH today without staking. A staking yield is a meaningful part of how you can generate investment return in this space, and all the [ether] ETFs at launch did not have staking."
The Securities and Exchange Commission has historicallyĀ viewed some staking services as potential unregistered securitiesĀ offerings under the Howey Test ā which is used to determine whether an asset is an investment contract and therefore, a security. But a more crypto friendly SEC is moving swiftly to reverse the damage done to the industry under the previous regime. Its newly formed crypto task force is scheduled to kick off a roundtable series Friday focused on defining the security status of digital assets.
#BlackRock
#mustReadToUnderstandHowEnvironmentaccept
BlackRockās head of digital assets says staking could be a āhuge step changeā for ether ETFs
There's a widely held view that the success of ether ETFs has been "meh" compared to the explosive growth in funds tracking bitcoin, Mitchnick said at the Digital Asset Summit in New York City Thursday. Though he sees that as a "misconception," he acknowledged that the inability toĀ earn a staking yieldĀ on the funds is likely one thing holding them back.
"There's obviously a next phase in the potential evolution of [ether ETFs]," he said. "An ETF, it's turned out, has been a really, really compelling vehicle through which to hold bitcoin for lots of different investor types. There's no question it's less perfect for ETH today without staking. A staking yield is a meaningful part of how you can generate investment return in this space, and all the [ether] ETFs at launch did not have staking."
The Securities and Exchange Commission has historicallyĀ viewed some staking services as potential unregistered securitiesĀ offerings under the Howey Test ā which is used to determine whether an asset is an investment contract and therefore, a security. But a more crypto friendly SEC is moving swiftly to reverse the damage done to the industry under the previous regime. Its newly formed crypto task force is scheduled to kick off a roundtable series Friday focused on defining the security status of digital assets.
Login to explore more contents