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Ethereum stake ETF may trigger a significant pump in price
The approval of the Ethereum stake ETF could be a significant turning point for the cryptocurrency market. If this happens, the market value of Ethereum ($ETH) could potentially double or even triple from its current price.
The reasons are as follows:
The demand for staking is expected to rise significantly as investors seek to earn passive income from their held Ether.
The supply will tighten as more ETH will be locked in staking contracts.
Institutional interest will grow rapidly once the regulatory path is clear, and large participants are likely to enter the market.
This is no longer a question of "if it will happen," but rather "when it will happen." Once the staking ETF is approved, the next round of rise for Ethereum may begin.