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Lefteris Karapetsas pfp
Lefteris Karapetsas
@lefteris.eth
I've had people ask me if ETH in the ETFs would also be "automatically staked" and thus perpetuating the dangerous notion of staking as being a risk free enterprise. The approved ETFs are all spot, meaning that the ETH inflows there will not be staked at all. Source: https://www.sec.gov/files/tm/lk87adfs99.pdf
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MTH
@mthch
So. That’s good for us stakers
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Scott pfp
Scott
@sanderson.eth
It’s good. Imagine the chaos if an ETF lost all the money due to a supermajority consensus bug or something else the buyers likely don’t understand.
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Johanna
@cryptojojo
Also imagine the headache it would be to explain staking to your grandma 😅
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Juuso
@juuso
This piece was quite convincing as to why a staked instrument might never happen: https://blog.bitmex.com/ethereum-etfs-staking/
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