SEC Commissioner Peirce mentioned ETH ETFs may be reconsidered after listing to allow staking: https://youtu.be/8pSnr8PPfvw?si=MLJ_9b5erAR0xjt6
If that does happen, how huge is that for the price of ETH? Surely that wasn't priced in since all issuers removed that from their filings before they were approved back in May.
I'm not sure it happens anytime soon, but if billions of dollars in ETFs are earning 4% via ETH staking that's got to mean something. Bullish for LIDO? Or just onchain rehypothecation?
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