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BlackRock executive: Ethereum ETF may face a major breakthrough if approved for pledge
Editor
17 hours ago 666
Golden Finance reported that BlackRock digital assets director Robert Mitchnick said at the New York Digital Assets Summit that the current demand for Ethereum ETFs is currently sluggish, partly because of the inability to obtain pledge proceeds. He believes that if regulatory barriers are resolved, the market may usher in major changes. Mitchnick emphasized that staking returns are an important part of Ethereum's investment returns, and the lack of staking functions has made ETFs lose some of their attractiveness. Despite the complexity of the solution, he believes that breaking through this limitation may lead to a "leap forward" in the market.
Keywords: Bitcoin
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