✨ How Gensler's departure could be a "lifeline" for ETH?

Trump promised from the very beginning of his presidency to get rid of Gensler, who, in his opinion, is holding back the development of crypto with his "rules through the courts."

The change in the SEC leadership will likely stop the current lawsuits against crypto companies related to staking and give the green light to an ETH ETF with staking.

❗️Why is this important for ETH? - The possibility of staking in an ETH ETF, which can attract large investments! Against the background of the success of BlackRock's BTC ETF, which raised over $ 1 billion in November, Ethereum ETFs have not yet demonstrated such results.

Staking can change the situation: passive income is what will attract the attention of both retail and institutional investors.

Even a small staking income can attract a new audience, given that ETH has an annual APY of about 3.5%.

New audience, more investment, more demand - higher price.

I write more about this on my parallel channel, so if you want more analytics, activities for earning, leaks of private channels, retrodrops and arbitrage, then Pavel Durov will tell you where to look for me 😏

Max_pro_crypto