Main Points:
- SEC approved spot Ethereum ETFs without staking option
- Commissioner Hester Peirce suggests possibility of reconsideration
- Analyst Eric Balchunas comments on potential review for staking in ETH ETFs
- Market anticipation for spot Ethereum ETFs trading debut
SEC Commissioner’s Comments on Ethereum ETFs
SEC Commissioner Hester Peirce indicated in an interview that the exclusion of staking for spot Ethereum ETFs could be reconsidered. Peirce mentioned that features of the product, such as staking, are open for reassessment, leaving room for potential changes in the future.
Analysis of Potential Review for ETH ETFs
Following the SEC’s approval of spot Ethereum ETFs without staking, analyst Eric Balchunas suggested that a review for staking and other features in ETH and BTC ETFs could happen in the future. This reconsideration may occur, especially with a change in the US government post the upcoming election, according to Balchunas.
Market Expectations for Spot Ethereum ETFs
The crypto market has shown optimism and anticipation for the trading debut of spot Ethereum ETFs, reflected in the price surge of Ethereum to over $3,500. Additionally, the enthusiasm surrounding spot Ethereum ETFs has led to a rebound in altcoins like Solana, signaling a positive sentiment in the market.
