A report on June 3 stated that US – based exchange – traded funds (ETFs) that incorporate staking yields are expected to grow significantly. Here’s the analysis:
Favorable Regulatory Environment
SEC’s Clarification: On May 29, the US Securities and Exchange Commission (SEC) confirmed that staking does not constitute a securities sale, as long as customers retain ownership of their assets and receive risk disclosures. This applies to various forms of staking, including solo, delegated, or through a custodial service.
Bipartisan Legislation: The Bipartisan Digital Asset Market Clarity Act, filed on the same day as the SEC’s statement on staking, aims to shift the oversight of most secondary – market token trading to the Commodity Futures Trading Commission (CFTC), while leaving initial fundraising events under the SEC’s jurisdiction. These policy changes remove a major obstacle for issuers planning to offer ETFs that include staking rewards.
Macroeconomic Factors
Base – Case Scenario: Assuming that US – China trade talks “muddle through” and the Senate softens a pending tax provision, Bitcoin is expected to retest its record high. In this situation, staked currencies would receive an additional boost from regulatory momentum, which is beneficial for staking – related ETFs.
Bearish Scenario: Even if a tariff re – escalation pressures equities first, staked tokens and related ETFs are still expected to outperform stocks because their yield component can offset price weakness. Moreover, with the equity risk premium dropping below 2.5% and equity volatility subdued, traditional markets may under – compensate investors for risk. In contrast, staking – enabled ETFs combine the upside potential of cryptocurrencies with a yield stream that doesn’t rely on corporate earnings, making them more attractive to investors.
Investor Demand and Market Trends
Institutional Interest: Asset management giants like BlackRock, Fidelity, and Bitwise are preparing to launch staking – related ETFs, indicating strong institutional interest. They recognize the potential of staking rewards and aim to capitalize on the growing demand from investors for blockchain – related yields.
Yield Attraction: Data from DeFi Llama shows that Ethereum staking and liquid staking yields range from 2.5% to 3% on the largest platforms, Solana staking yields range from 6.5% to 8%, and BNB staking rewards average 2.1%. These yields are relatively attractive in the current market environment, especially when traditional market returns are lackluster.
ETF Market Growth: The overall ETF market is expanding, and the approval of Bitcoin and Ethereum spot ETFs has paved the way for more cryptocurrency – related ETFs. The entry of institutional investors into the cryptocurrency market through ETFs is expected to continue, driving the growth of staking – enabled ETFs.
Relateed topic:
- The US Treasury Secretary said that China’s trade negotiations “have somewhat stalled”, and the Foreign Ministry responded
- SKY, a participant at TRUMP’s dinner party, recharged 100,000 Trump cards to Bybit, approximately equivalent to 1.26 million US dollars
- Moody’s: The positive impact of the suspension of Trump’s tariffs may be fleeting
