Ether exchange-traded funds (ETFs) in the United States may be able to start staking a portion of their tokens as soon as May, according to Bloomberg Intelligence analyst James Seyffart. On April 9, the US Securities and Exchange Commission (SEC) authorized exchanges to begin listing options contracts tied to spot Ether (ETH) ETFs after greenlighting Bitcoin (BTC) ETF options in September. However, issuers are still waiting for the regulator to allow Ether ETFs to offer staking after filing numerous requests for permission earlier this year.
Bloomberg Intelligence analyst James Seyffart said on April 9 that clearance for staking on ETH funds could come as early as May but would likely take until the end of 2025.“It's possible they could be approved for staking early, but the final deadline is at the end of October,” Seyffart said in a post on the X platform.“Potential intermediate deadlines before the final approval (or denial) are in late May & late August.”Options are financial derivatives that give investors the right, but not the obligation, to buy or sell an asset at a predetermined price before a certain date.
In ETH funds, options contracts allow investors to hedge or speculate on the tokens' prices, while staking offers a way to earn rewards by participating in Ethereum’s proof-of-stake network.Ether ETF inflows.
or
Share This Story
Article Details
Author / Journalist: Cointelegraph by Alex O’Donnell
The story "Ether ETF staking could come as soon as May — Bloomberg analyst" has 464 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.
Which news outlet covered this story?
The story "Ether ETF staking could come as soon as May — Bloomberg analyst" was covered 6 days ago by Coin Telegraph, a news publisher based in United States.
How trustworthy is 'Coin Telegraph' news outlet?
Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United States and publishes an average of 23 news stories per day.
It's most recent story was published 7 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
