Staking in spot Ether ETFs could "drastically reshape the market"
Hank Huang, CEO of Kronos Research, stated that Ether ETFs offering yield through staking "will activate demand", boosting liquidity and greater on-chain participation.
The approval of staking for spot Ether exchange-traded funds (ETFs) listed in the US will bring huge flows of institutional money to Ethereum, potentially giving Bitcoin ETFs strong competition, according to various analysts.
In statements to Cointelegraph, Markus Thielen, head of research at 10x Research, said that staking for Ethereum ETFs would increase yield and could "drastically reshape the market".
US ETF issuers are still waiting for the Securities and Exchange Commission to allow Ether ETFs to offer staking after submitting numerous applications earlier this year.
The president of NovaDius Wealth Management and ETF analyst, Nate Geraci, said in a post on X on Wednesday that, since the SEC has recently recognized Nasdaq's application to add staking to BlackRock's iShares Ethereum ETF, staking for Ethereum ETFs could be next on the agency's "priority list".