{"id":19110,"date":"2024-12-02T16:54:10","date_gmt":"2024-12-02T14:54:10","guid":{"rendered":"https:\/\/forklog.com\/en\/bernstein-predicts-inclusion-of-staking-in-eth-etfs\/"},"modified":"2024-12-02T16:54:10","modified_gmt":"2024-12-02T14:54:10","slug":"bernstein-predicts-inclusion-of-staking-in-eth-etfs","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bernstein-predicts-inclusion-of-staking-in-eth-etfs\/","title":{"rendered":"Bernstein Predicts Inclusion of Staking in ETH ETFs"},"content":{"rendered":"<p>The new leadership of the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> is expected to approve Ethereum-based exchange-traded funds that will allow holders to earn additional income from staking, according to Bernstein, as reported by <a href=\"https:\/\/www.theblock.co\/post\/328921\/ethereum-etf-staking-crypto-trump-sec\">The Block<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Amid declining rates in <span data-descr=\"traditional finance\" class=\"old_tooltip\">TradFi<\/span>, the current Ethereum yield of 3%, which could rise to 4\u20135% with increased<\/em><em> on-chain<\/em><em> activity, is becoming increasingly attractive,&#8221;<\/em> the review states.<\/p>\n<\/blockquote>\n<p>Experts highlighted the asset&#8217;s attractive risk-reward ratio and noted the strength of its fundamental indicators.<\/p>\n<p>Since the beginning of the year, Ether has risen in price by approximately 57%, lagging behind Bitcoin (125%) and Solana (122%).<\/p>\n<p>This is due to issues with confirming &#8220;hard money&#8221; compared to Bitcoin, competition from faster <span data-descr=\"layer one blockchain\" class=\"old_tooltip\">L1<\/span> blockchains, and reliance on L2 for scaling, which worsens user experience and restrains fee growth.<\/p>\n<p>In addition to the inclusion of staking in ETFs, experts identified positive fund inflows and a surge in network activity as drivers for improvement.<\/p>\n<p>The transition of Ethereum to PoS and the burn mechanism have stabilized supply at around 120 million ETH. Meanwhile, 28% of the total is locked in staking and another 10% in lending operations or L2 bridges.<\/p>\n<p>Considering that 60% of available coins have not moved in the past year, these factors indicate a stable investor base and favorable supply-demand dynamics, specialists noted.<\/p>\n<p>Back in May, the Commission <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-spot-ethereum-etfs-key-developments\">approved<\/a> 19b-4 forms for the instrument, and two months later, <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-s-1-filings-for-eth-etf-trading-begins-july-23\">S-1 filings<\/a>. None of the proposals included staking. At that time, Hester Peirce of the SEC assured that &#8220;any feature of products is always open for reconsideration.&#8221;<\/p>\n<p>In July, Bloomberg analyst Eric Balchunas <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-grayscale-and-proshares-applications-for-ethereum-etfs\">suggested<\/a> that both staking and the option for in-kind redemption could become realities with a change in the U.S. presidency. Variant&#8217;s chief legal officer Jake Chervinsky agreed, noting that it is a matter of time, not possibility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new leadership of the SEC is expected to approve Ethereum-based exchange-traded funds that will allow holders to earn additional income from staking, according to Bernstein, as reported by The Block. &#8220;Amid declining rates in TradFi, the current Ethereum yield of 3%, which could rise to 4\u20135% with increased on-chain activity, is becoming increasingly attractive,&#8221; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1643,1289,569,46],"class_list":["post-19110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bernstein","tag-cryptocurrency-staking","tag-etf","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19110"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19109"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}