BlackRock Rules Out Staking for Ethereum Spot ETFs

Despite the successful launch of several Ethereum spot ETFs this week, BlackRock CEO Larry Fink has confirmed that staking will not be a feature of their product.While the newly approved ETFs have seen significant inflows of capital, totaling nearly $800 million for BlackRock alone in just two days, the absence of staking income, a key component of Ethereum's value proposition, has raised eyebrows. This is particularly evident in the outflows from Grayscale Ethereum Trust, which previously offered staking rewards.

However, ETF issuers remain optimistic about the future, hoping that a change in administration in January might open the door for staking integration.

Disclaimer: This information is for informational purposes only and does not constitute financial advice.

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