The TVL of the Restaking system skyrocketed after Ethereum ETF
Just before the ETF application was approved, ETH price skyrocketed from $3100 to over $3800 and the approval further strengthened the ETH Holder
=> Increasing the need to maximize profits from Restaking
This preference has been proven by the skyrocketing TVL of the entire system, notably Eigenpie increasing TVL by 227% or Etherfi also increasing by 1 billion USD, thereby proving that Restaking is the hottest Narrative from the influence of ETH ETF.
Although in the medium and long term, Ethereum price will grow strongly, you need to know that:
- The SEC has not approved ETH Staking services, the implementation of ETH Staking of ETFs may lead to suspicion of being Securities
=> Reduced capital flows from Whales on Tradfi pouring into Ethereum, and Retaking protocols are less beneficial
