📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
Analysis: The lack of staking functionality puts Grayscale ETHE at a disadvantage compared to Ethereum.
Odaily Daily News recently updated the disclosure documents of ETHE, stating that the trust fund cannot stake the held Ethereum to earn rewards, which may put the shares at a disadvantage compared to directly investing in Ethereum, thereby affecting its value. Grayscale stated that if staking is allowed in the future, the trust agreement with the SEC needs to be modified first, and NYSE Arca needs to apply for SEC rule changes. Under the leadership of SEC Chairman Gary Gensler, the SEC takes a cautious stance on Ethereum staking, considering that staking services may constitute securities issuance. Although the SEC is open to Ethereum spot ETFs, staking remains controversial. Converting ETHE to an ETF structure may help narrow this discount. (Decrypt)