Bitwise Ethereum ETF Price & Performance (ETHW)

The New York Stock Exchange has filed a proposal with the SEC to allow staking for the Bitwise Ethereum ETF. If approved, this would enable investors to earn staking rewards through the fund, potentially increasing its appeal. The move reflects growing interest in integrating staking into traditional financial products.123

Efforts to include staking in Ethereum ETFs are intensifying, with NYSE Arca's proposal for Bitwise's fund marking a pivotal step. BlackRock's Robert Mitchnick has highlighted the potential of staking to transform these financial products. However, regulatory hurdles remain as the SEC reviews the proposal’s implications.453

The underperformance of Ethereum ETFs compared to Bitcoin has been attributed to the lack of staking rewards. NYSE's proposal to integrate staking could address this issue, offering investors additional returns. Industry experts view this as a critical step in enhancing the competitiveness of Ethereum ETFs.678