Odaily Planet Daily News BIT Mining Chief Economist Youwei Yang stated that to see the next progress of Ethereum, a key factor is the improvement in regulatory clarity, especially regarding the regulation around staking classification. Ethereum staking refers to the process where holders lock up Ethereum to secure the Ethereum blockchain and earn rewards. The current Ethereum ETF does not hold staked Ethereum, which is a concession made by the issuer due to related regulatory uncertainties. (morningstar)