🚀Grayscale Takes Action! The Ethereum Staking Rights Battle Begins🔥
On April 28, 2025, Grayscale Investments submitted an application to the US SEC, striving to enable Staking functions in its Ethereum ETP!
📈 Why is this important?
Currently, Grayscale's ETP cannot be staked, causing holders to miss out on a potential reward of $61 million!💸
Europe and Canada have long been able to stake, while US investors are forced to 'give away money'.
🛡️ Grayscale has proposed a full set of risk control measures:
"Liquidity arbitrage" mechanism
Deep cooperation with Coinbase Custody
Addressing technical challenges such as taxation and redemption
🎯 Central Viewpoint:
US regulation is lagging, causing local investors to lose competitiveness!
Grayscale's move is not only for its own benefit but also pushes for the modernization of the entire US crypto financial tools.
⚡ Summary:
If the staking function is approved, not only will Grayscale's ETP benefit, but the entire ETH ecosystem will welcome new capital inflows! However, there are still significant obstacles in the process, and close attention should be paid to the subsequent developments.👀
