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Cryptopolitan 2024-03-20 10:44:31

Regulatory challenges loom as Grayscale seeks approval for staking-enabled Ethereum ETF

Grayscale Investments has filed a preliminary proxy statement with plans to add staking capabilities to its proposed spot Ethereum (ETH) exchange-traded fund (ETF). This development, aimed at mitigating inflationary pressures from Ethereum’s proof-of-stake protocol, intends to preserve the trust’s value for ETHE shareholders. According to the statement, the proposal includes four items, emphasizing a creation

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