According to Cumberland, staked ether will remain locked until Ethereum Improvement Proposal (EIP)-4788 releases them. That date is not yet known. So, ether stakers, who are exposed to price declines, are likely to sell futures, keeping premiums under check. The popularity of staking depends on yields, and the greater the yield, the stronger the demand for ether staking and selling ether futures.
Related posts
-
Ether ETFs Should be Fully Approved by September, Says U.S. SEC Chair Gensler
When asked directly whether ETH is a commodity, Gensler didn’t respond with a yes or no,... -
Hong Kong Spot ETFs Secure $1.96B in Bitcoin, $26M in Ether
Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April... -
Stick With Bitcoin, Avoid Ether, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
“Our recommendation remains unchanged: to stick with the winners (Bitcoin) and avoid others (such as Ethereum)....