SEC Considers Staking in Ethereum ETF: Could Spark Institutional Crypto Surge
February 24, 2025
The SEC is currently reviewing a proposal from the CBOE BZX Exchange that could allow staking in the 21Shares Core Ethereum ETF, a move that might set a significant precedent for future staking-enabled ETFs.
Ethereum has recently rebounded to $2,821, following a 5% increase after a previous drop linked to the $1.5 billion ByBit hack that raised concerns about potential mass sell-offs.
The platform has gained over 50,000 players and boasts a library of more than 7,000 games, including traditional casino offerings and new AI-enhanced experiences, with a recent addition of sports betting leading to a 600% increase in registrations.
Despite earlier challenges, analysts remain optimistic about Ethereum's market performance, with a price target of $2,800 indicating a bullish sentiment.
If the SEC approves this proposal, it could lead to a surge in Ethereum ETFs, positively impacting Ethereum-related projects like Rollblock, which is already witnessing rapid growth in user engagement.
In the gaming sector, Rollblock is innovating the $450 billion industry by merging decentralized finance (DeFi) with online gaming, operating entirely on the Ethereum blockchain to enhance security and transparency.
Rollblock is seen as a promising investment opportunity for 2025, currently in presale at $0.06 per token, with projections suggesting a potential 100x price increase following major exchange listings.
Additionally, Rollblock serves as an investment vehicle, offering competitive annual percentage yields (APY) to RBLK token holders while reinvesting up to 30% of its weekly revenue for market buybacks of RBLK tokens.
Prominent crypto fund manager 21Shares is in negotiations with the SEC to facilitate staking in Ethereum ETFs, which could draw considerable institutional investment into the cryptocurrency market.
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