Imagine a piggy bank for your digital money! That's kind of like 'staking' in cryptocurrency. Some senators think it should be allowed in special investment funds called ETFs. This could change how people invest in crypto!
- Senators wrote a letter to the SEC (like a grown-up school principal for money).
- They want to let ETFs include 'staking,' which is like earning extra crypto for helping secure a network.
- This is important for crypto like Ethereum, which uses staking to work.
Topic | Info |
---|---|
What is staking? | Locking up your crypto to help the system, and earning rewards! |
Who wrote the letter? | Some US senators, from both parties! |
What's the goal? | To allow staking in crypto ETFs. |