Ethereum ETF vs. Bitcoin ETF: Key Differences
While structurally similar, there are key differences investors should note:
Staking Component: A major point of discussion was whether the SEC approval ETFs would be allowed to stake the underlying ETH to earn yield. The approved proposals did not include staking, a concession likely made to secure regulatory approval. This could be revisited in the future.
Different Market Dynamics: Ethereum is often viewed as a “tech” play due to its smart contract functionality and vast ecosystem of decentralized applications (copyright), while Bitcoin is primarily seen as “digital gold.” This may attract a different investor profile.