ETH ETF Missing Staking Potential, Says Two Prime CEO

IconCryptoNewsTerminal Staff28 May, 2024

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ETH ETF Missing Staking Potential, Says Two Prime CEO

According to Blockworks, Two Prime CEO Alexander Blume contends that a hypothetical Ethereum (ETH) exchange-traded fund (ETF) without staking capabilities would be less attractive to investors. Blume claims that staking allows ETH holders to generate passive income, which enhances the asset's intrinsic value. He suggests that an ETF lacking this feature would limit its appeal to investors seeking yield-generating opportunities.