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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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Lefteris Karapetsas pfp
Lefteris Karapetsas
@lefteris.eth
yep. Also good for the network. Blindly staking retail's ETH via an ETF would make it appear as if there is no risk in staking. And if mom and pap lost their savings due to a mass slashing event (staking risk) I don't want to imagine the backlash.
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