Ether ETF's Lack of Staking Won't Dampen Strong Institutional Demand, 21Shares' Ophelia Snyder Says
Summary
Institutional investors are not concerned about U.S. spot ether ETFs not offering staking, while retail investors are interested in it. Providers may list separate products to satisfy both groups. The SEC is expected to approve spot ether ETFs soon. Staking's absence may not affect institutional investors, who prioritize effective asset management. 21Shares, a major ETP issuer, is applying for a U.S. spot ether ETF without staking. Tax treatment of staking rewards in the U.S. is unclear. Non-staked products may be more appealing to institutional investors.
