SEC’s Staking ETF Rejection Throws Cold Water on Crypto Innovation—What’s Next?
The SEC just slammed the door on staking ETFs—and the crypto industry’s left scrambling. Here’s why it matters beyond the immediate fallout.
Wall Street’s latest ’not in my backyard’ moment reveals a familiar pattern: regulators love blockchain’s potential... as long as it doesn’t disrupt their precious market structures. Meanwhile, DeFi protocols quietly hit new staking ATHs without asking permission.
Three ripple effects to watch: 1) ETH futures ETFs now face tougher scrutiny, 2) altcoin projects are recalculating compliance strategies, and 3) TradFi giants suddenly remember they ’always preferred proof-of-work’.
Final thought: When the suits finally embrace staking, they’ll probably slap a 2% management fee on it first.