There is a fundamental reason. Although the market pulled back last night, the SEC released a very important document.
The SEC stated that three types of POS staking do not constitute securities activities. This policy clarifies that Ethereum does not fall under the category of securities, and Ethereum ETF staking also does not fall under securities. This is a clear regulatory stance, and with this policy in place, investors who were concerned about Ethereum can rest easy.
Moreover, this policy is almost tailor-made for Ethereum ETF staking, because after the Prague upgrade, these three types of Ethereum all comply. Many traditional large institutions that have been waiting are ready to invest large amounts of capital into Ethereum ETF staking,
So, many people say that since there is no interest rate cut, the market lacks liquidity and there is no capital inflow. This issue simply does not exist.
Think about it, interest rate cuts and monetary easing are just one part of the inflow into the B circle. Is that little bit of money more significant than the total amount entering the B circle from institutional investments in the entire US stock market?
