BlackRock executives: If the Ethereum ETF is allowed to pledge or welcome a major breakthrough
Robert Mitchnick, head of digital assets at BlackRock, told the Digital Asset Summit in New York that demand for Ethereum ETFs is currently sluggish, in part due to the lack of access to staking proceeds. He believes that if regulatory hurdles are resolved, the market could see major changes. Mitchnick stressed that staking returns are an important part of Ethereum's investment returns, and the lack of staking capabilities makes ETFs partially unattractive. Despite the complexity of the solution, he believes that breaking through this limit could lead to a "leap" in the market.