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Ethereum ETF staking will have little impact without multimonth rally: Analyst

Cointelegraph.com NewsKey takeawaysApproving staking for spot Ether exchange-traded funds (ETFs) in the US may have a minimal impact on inflows unless Ether sees a sustained rally, says Eric BalchunasETH dropped significantly in price after the launch of the ETFs last year, unlike spot Bitcoin ETFs, which saw new all-time highs just two months after launching.For inflows to increase again, Balchunas said… 

​Key takeawaysApproving staking for spot Ether exchange-traded funds (ETFs) in the US may have a minimal impact on inflows unless Ether sees a sustained rally, says Eric BalchunasETH dropped significantly in price after the launch of the ETFs last year, unlike spot Bitcoin ETFs, which saw new all-time highs just two months after launching.For inflows to increase again, Balchunas said… 

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