ETH ETFs just outpaced BTC ETFs in daily inflows.

It's the first time ever.

And guess what?

This trend is only set to grow since ETF issuers still can’t stake their ETH.

However, that moment isn't far.

Just a few days ago, the SEC clarified that:

"Participation in a proof-of-work or proof-of-stake network as a “miner,” “validator,” or “staking-as-a-service” provider is not within the scope of the federal securities laws."

Meanwhile, @galaxyhq has already filed to add staking functionality to their ETH ETF.

All this means we'll soon see staking enabled across all ETFs.

Thus, I've run some calculations on what ETF providers could earn by staking their ETH.

Out of curiosity, I've also compared those numbers to the annual revenue of the world’s largest ETFs.

The results are astonishing.

• ETH ETF AUM: $11.1B (source: @SoSoValueCrypto)

• Native staking yield: ~3.15% (source: @Etherealize_io and @TreehouseFi)

Without considering restaking or other strategies to increase APR, staking just 40% of that $11.1B at today’s rate would outperform 9 out of the top 10 largest traditional ETFs

This is before accounting for any management or performance fees, which makes these numbers even more insane.

At this point, it’s clear that $ETH remains one of the best ways for TradFi (and for us) to tap into DeFi growth, get exposure to stablecoin adoption, and diversify from traditional assets and their risks.

Ultimately, all this benefits Ethereum, as with $ETH going higher, network security strengthens, further reinforcing its leading position.