21Shares Co-founder: The Lack of Staking in Ethereum Spot ETF Will Not Affect Institutional Investor Demand

ChainCatcher news, according to CoinDesk, Ophelia Snyder, co-founder of digital asset management firm 21Shares, stated that institutional investors are unlikely to be concerned about the inability of a U.S. Ethereum spot ETF to stake Ethereum for additional returns, despite retail investors' eagerness for such a built-in feature; this difference suggests that providers may list separate, distinct products to meet the needs of both parties; staking assets can affect liquidity, and institutional investors will want to see a track record of asset managers effectively managing withdrawal delays, as this requires inherent risk management.

Additionally, government tax issues need to be considered, and it is currently unclear how staking rewards will be taxed in the U.S.