Reported 5 months ago
The article discusses how a key change made to proposed spot-Ether exchange traded funds (ETFs) has led to the elimination of plans for staking the Ether by issuers like Fidelity Investments and Ark Investment Management, which could erode demand for these ETFs. Staking, which involves locking up cryptocurrency deposits to help validate transactions, raises questions about whether Ether should be treated as a security under US regulations. While the removal of staking plans may benefit Ethereum's decentralization goals, some believe that ETF issuers will eventually gain regulatory clarity to stake Ether.
Source: YAHOO