CoinVoice has recently learned that, according to Morningstar, BIT Mining's chief economist Youwei Yang stated that to see the next progress of Ethereum, a key factor is an increase in regulatory clarity, especially regarding the regulation of staking classifications.

Ethereum staking refers to the process by which holders lock up Ethereum to secure the Ethereum blockchain and earn rewards. Current Ethereum ETFs do not stake the held Ethereum, which is a concession made by the issuers due to the related regulatory uncertainty. [Original link]