With the deadline for a decision on the approval of a spot ether ETF by the U.S. Securities and Exchange Commission approaching, industry experts are weighing the potential uptake of such a fund.investing in an ether ETF wouldn’t make sense as such funds won’t likely allow staking reward distribution.
“The world of investors who are looking for cash producing assets is massive and ETH obviously generates fees that goes to the token holders," explained Kanade."Even if you don't have an ETF that can offer staking as a part of it, it's still a cash producing asset, so I think ETH could make more sense as an asset to more people than Bitcoin does.”
“Initially we were one of the few that did not do a short term waiver, we came out very aggressively at a low fee right from the start and I had always thought that that was the right level to be at but I think our thinking was that historically with ETF launches, the short term waivers have not gone over that well and frankly, they can be a little confusing, and maybe have a lack of transparency as to how they work,” said Kyle DaCruz, director of digital assets products at VanEck.
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