‘Successful’ ETH ETF less perfect without staking — BlackRock

BlackRock’s head of digital assets, Robbie Mitchnick, described the firm’s Ether (ETH) exchange-traded fund (ETF) as a “tremendous success” but acknowledged a key limitation. Speaking on March 20 at the Digital Asset Summit, he noted that the ETF is “less perfect” without staking, highlighting a crucial feature absent from the current offering. “A staking yield is a meaningful part of how you can generate investment return in this space,” Mitchnick said. “And all the [Ether] ETFs, of course, at launch did not have staking source: https://cointelegraph.com/news/successful-eth-etf-less-perfect-without-staking-blackrock?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound