Bernstein: Ether ETF stake may be approved soon! ETH capital inflows expected to double.

Wall Street investment bank Bernstein said in a report released yesterday that the EthereumSpot ETF may soon launch a stake feature, when Ethereum's full potential will be seen by the TradFi market. In this regard, judging by the CryptocurrencyMarket Cap, the net inflow of the EthereumSpot ETF could double. (Synopsis: Thinking of danger in peace: reviewing the crash moments in BTC's history) (Background added: ETH wants to fly? U.S. EthereumSpot ETF hits record one-day net inflow of $295 million In July, the U.S. Securities and Exchange Commission approved the EthereumSpot ETF for trading, but its post-listing performance was not as good as expected. There are two main reasons why the market believes that Ethereum is not liked by traditional institutions: "unfamiliar with Ethereum" and "no open stake function". The author believes that the former needs time to cultivate investors' awareness of the Block chain, while the latter requires the relaxation of encryption regulations. In this regard, Wall Street investment bank Bernstein released a report predicting that the stake function of the US EthereumSpot ETF may soon come. Report: EthereumSpot ETF may soon launch stake function According to The Block, Bernstein Research said in a report released on December 2 that so far this year, the Ethereum coin price has lagged behind, and Ethereum's 57% increase is somewhat inferior compared to the about 120% increase of BTC and Solana. Not only that, but in terms of Ethereum's functional disadvantages, Bernstein analysts give the following argument: Compared to BTC, Ethereum performs poorly as a store of value and faces competition from faster Layer 1Block chains such as Solana, Sui, and Aptos. In addition, Ethereum's reliance on Layer 2 solutions has fragmented the user experience, prompting retail users to move to faster Block chains or certain Layer 2 (such as Base), which may limit Ethereum's fee rise and user retention However, the report said that there are still four factors driving Ethereum prices, of which the ETH Spot ETF is expected to open up stake earnings: We believe that Under the new Trump 2.0 cryptocurrency-friendly SEC, ETH (Spot ETF) stake yields may be approved. The report adds that Ethereum's current yield of 3% in an environment of declining Intrerest Rate, which could rise to 4-5% as Block chain activity ramps, has become more attractive to investors. Will the opening of stake attract BTC ETF funds? On the other hand, under the strict supervision of the SEC in the Gary Gensler era, the EthereumSpot ETF was almost forced to abandon the stake yield feature to go public, which, of course, also greatly diverted investors' buying interest. However, after Trump takes office, the EthereumSpot ETF is expected to lift stake restrictions and attract more investors to participate. The author even believes that compared with the BTCSpot ETF, Ethereum, which has not reached a new high in this round of Bull Market, may be more attractive under the dual blessing of price and stake income. In addition, according to SosoValue data, the recent ETH Spot ETF showed six consecutive days of net inflows, of which the single-day net inflow on November 29 exceeded $300 million for the first time. Not only that, the net inflow of BTCSpot ETF on the same day was only $320 million, and from the perspective of recent net inflows, EthereumSpot ETF appears to be somewhat strong, which does not rule out the possibility of attracting BTCSpot ETF funds. As for the opening of stake earnings, will the BTCSpot ETF flow into the EthereumSpot ETF, and what will be the inflow ratio? In terms of market cap, Ethereum currently has a market cap of 23% of BTC, while the total net worth of EthereumSpot ETF is only 10.8% of BTCSpot ETF. Assuming that the potential of the ETH Spot ETF is fully unleashed (stake open), the total net worth ratio still has 12.2% rise potential compared to the Market Cap, which means that the total net worth has more than doubled. Among them, the BTCSpot ETF's capital flow will be attracted to the EthereumSpot ETF, and it remains to be evaluated by a more professional model as to how much it will be attracted and how much the Ethereum price will rise as a result. Ethereum Foundation Researcher: Solana's Golden Age is Over! The two major advantages will be surpassed by ETH L2 BTC is holding $95,000, Ethereum is temporarily extinguished, and five big data hint at 90,000 or the bottom of the BTC stage Why ZK or Ethereum returns to the PoW Proof of Work era? Bernstein: EthereumSpot ETF stake may be approved soon! ETH capital inflow is expected to double" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".