Consensys founder Joe Lubin says that issuers of Ether exchange-traded funds are optimistic about the potential for funds offering staking to receive regulatory approval in the near future.
According to Lubin, conversations between ETF providers and regulators are ongoing and a green light for staked Ether ETFs could come in the near future.
Lubin also shared that fund issuers are actively working on creating the best solutions for customers to navigate the complexities of staking and slashing in the emerging staking ecosystem.
He also believes that the approval of staked Ether ETFs will benefit the technology and overall ecosystem, leading to greater client diversity and a more robust and diversified approach.