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

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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.