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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
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Bernstein: The US ETH ETF may soon launch stake yield functionality
According to a report by Golden Finance on December 2nd, the American Ethereum Exchange Traded Fund (ETF) may soon launch a stake yield function. Bernstein analysts said: ‘We believe that under the leadership of the encryption-friendly [U.S. Securities and Exchange Commission] in Trump 2.0, ETH stake yield function is likely to be approved.’ Data shows that as of December 2nd, the annualized percentage yield (APR) of ETH stake denominated in ETH is approximately 3.1%. Bernstein said, ‘We believe that as the level of activity on the Ethereum blockchain network increases, the yield of ETH can further rise to 4-5%.’