21Shares Seeks Spot ETF Staking

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ETH ETP Amendment

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Business

Business & Economics

Ethereum Price Eyes $3,000 As 21Shares Proposes Staking on ETFs

Summary

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71% Informative

The price of ETH has completely pared off its losses in the past 24 hours after 21Shares filed a proposal to offer staking services on spot ETH ETF products.

This filing makes 21Shares the first issuer to make a move for this product.

The impact of this offering on ETH price appears to be priced in by the market at the moment.

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Informative language

Neutral language

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formal

Language

English

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not offensive