BlackRock Executive: Ethereum ETF Approval for Staking Could Lead to Major Breakthrough

According to Jinse Finance, BlackRock’s digital asset head Robert Mitchnick stated at the New York Digital Asset Summit that the demand for Ethereum ETF is currently sluggish, partly due to the inability to obtain stake returns. He believes that if regulatory barriers are resolved, the market may experience significant changes. Mitchnick emphasized that stake returns are an important component of Ethereum investment returns, and the lack of staking functionality diminishes the attractiveness of ETFs. Although the solutions are complex, he believes that breaking through this limitation could lead to a “leap forward” in the market.

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