Wow. Blackrock is going all in on Ethereum and not even caring about alts.
So Blackrock will have not one but two ETH ETFs.
The new one is solely focused on staking. I think they will stake 99% of the fund here and investors will have to wait until staking queue exit to get their funds but will get a higher real yield.
They have also amended their old eth ETF to add staking but only minority of the funds will be staked there, I think.
Remember, Blackrock said that staking is the number 1 benefit of Ethereum ETF which will have huge inflow and that was missing. Not anymore ! Passive income go brrrr. Treasuries/bond are a trillion dollar market cap. Why won’t Ethereum be the same ? Bond of the internet !
The ticker is ETH.
So Blackrock will have not one but two ETH ETFs.
The new one is solely focused on staking. I think they will stake 99% of the fund here and investors will have to wait until staking queue exit to get their funds but will get a higher real yield.
They have also amended their old eth ETF to add staking but only minority of the funds will be staked there, I think.
Remember, Blackrock said that staking is the number 1 benefit of Ethereum ETF which will have huge inflow and that was missing. Not anymore ! Passive income go brrrr. Treasuries/bond are a trillion dollar market cap. Why won’t Ethereum be the same ? Bond of the internet !
The ticker is ETH.
https://x.com/Kira_sama/status/1991257411483537813
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