$ETH 🏛️📈 Ethereum ETF drives institutional adoption 📈🏛️
In May 2024, the SEC approved spot ETFs for Ethereum, a key move following the successful launch of ETFs for Bitcoin. Although these funds do not receive staking rewards (to avoid regulatory risks), they offer investors a simplified and regulated way to access ETH without directly handling private keys. This expands institutional adoption and makes Ethereum more accessible for traditional funds.
💡 The lack of staking implies an estimated annual opportunity cost of 3%, but opens the door to a new investor segment.
