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Question about ETH ETF

Etherum Reddit

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Question: if the ETH ETH was to be approved, do you think the SEC would allow the custodians (mainly Coinbase) to be able to stake the ETH in the ETF? If so, I am worried that too many ETH would be in a single validator's hands. I personally don't think the SEC would allow this as the purpose of ETF should be based off the bearer asset, and not its staking or validation protocol. Thoughts?

submitted by /u/Psymonex
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