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Ethereum Price Forecast: ETH could see a new all-time high as SEC may approve staking in ETH ETFs
Ethereum is down 2% on Monday after seeing a rejection near a key descending trendline resistance.
www.fxstreet.com
"We believe, under a new Trump 2.0 crypto-friendly SEC, ETH staking yield will likely be approved," Bernstein analysts highlighted. As the Federal Reserve has begun cutting rates, ETH's average staking yield of 3% will prove attractive to investors and asset managers through better ETF economics, the analysts added.
With network activity on the Ethereum Main chain seeing an uptick in recent weeks, ETH's staking yield could rise as high as 4% to 5%.
Staking ETFs for ETH would be Yuuuuugggggee
@davidlemonparty