The ETF for ETH has been approved for quite some time, but institutional bullishness hasn't picked up, and a very important reason for this is that ETH can be staked for mining, with an annual yield of 2%. As long as one is not too foolish, buying spot and staking it is clearly a better choice. If the ETF that allows staking gets approved later, it will likely stimulate the coin price in the short term, at least around 4000 to 5000. $ETH
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