Trump-Linked Platform’s $33M Ether Staking Raises ETF Hopes
- World Liberty Financial deposited 10,000 ETH worth $33 million to Lido Finance.
- Lido Finance is the largest ether staking platform with $31 billion in assets.
- World Liberty Financial acquired over $110 million in crypto assets, including ETH and wBTC.
- U.S. spot ETH ETFs hold a combined total of $12 billion in assets.
World Liberty Financial’s recent deposit of 10,000 ETH to Lido Finance has sparked optimism for regulatory approval of staking for spot ETH exchange-traded funds. This move comes after acquiring significant crypto assets and could influence the appeal and pricing within the Ethereum ecosystem.
Source (2.6)https://www.coindesk.com/markets/2025/01/22/trump-linked-crypto-platforms-33-m-ether-transfer-spurs-etf-staking-hopes?rand=52298
