“While ETF staking is very bullish for $ETH, holding $SBET remains the more efficient way to gain exposure to $ETH and its yield”
A rapidly shrinking supply of ETH is being met by outsized demand to get exposure to staked ETH, coming from the world’s largest capital allocators.
It’s great news that Grayscale's ETH ETFs are now able to stake their $ETH
This is a major milestone for the ecosystem and bullish for Ethereum overall
Having worked on BlackRock’s Bitcoin and Ethereum ETFs, I’ve seen how powerful these vehicles are for institutional access and adoption
But there are some limitations that most people aren't aware of
As a rule of thumb, ETFs must offer daily liquidity
At this moment, unlocking your staked $ETH can take up to 40 days (unlock queue)
This means that the ETFs will likely keep a large portion of their $ETH holdings liquid (unstaked)
At SharpLink, we're able to stake 100% of our $ETH, generating superior yield
On top of the yield, we’ll develop new businesses that have $ETH denominated revenue, increasing our ETH concentration even further
While ETF staking is very bullish for $ETH, holding $SBET remains the more efficient way to gain exposure to $ETH and its yield
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