Ethereum staking ETFs

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danielmcglynn.com

Ethereum staking ETFs

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Daniel McGlynn argues that Ethereum staking ETFs combine traditional fund structures with proof-of-stake yield, making them a new hybrid between Open Money and centralized finance. Two Ethereum ETF managers have filed with the SEC to allow staking within their funds: 21Shares submitted its filing on February 12, and Grayscale Investments filed via the New York Stock Exchange the following Friday. The article notes that staking yields fluctuate, so funds cannot guarantee any yield. McGlynn writes that the 21Shares filing cites the ability for investors to participate in protocol governance through a "point and click style staking approach."

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