Fox Reporter: CoinShares and Valkyrie Will Not Apply for Ethereum Spot ETF
PANews reported on May 22 that Fox reporter Eleanor Terrett stated on the X platform that Bitcoin spot ETF issuers CoinShares and Valkyrie will not apply for an Ethereum spot ETF, mainly due to the lack of staking. Sources familiar with the situation said that without staking, the company cannot provide value to investors, especially in a crowded market with nine other issuers.
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