🔥Breaking news! BlackRock officially submitted an Ethereum staking ETF application
This step may be rewriting the funding landscape of the entire crypto market. The world's largest asset management institution is personally stepping in, which is equivalent to opening a 'compliance express lane' for traditional funds. It’s no wonder that Wall Street veteran bull Tom Lee has once again stated: the ETH target is still looking at $62,500.
Why is the market reacting so strongly?
First, once the staking ETF is approved, institutions can directly obtain ETH + staking rewards in their stock accounts, leveling the playing field completely;
Second, the Ethereum deflationary mechanism combined with real usage demand is continuously tightening the fundamentals;
Third, historically in the latter half of each cycle, ETH often shows a significant rebound relative to BTC.
The market never waits for news confirmation to take off; it quietly accelerates when consensus is formed.
When BlackRock enters the market and the target price is repeatedly confirmed, will you get on board early, or wait for emotions to run wild before chasing? $ETH $ZEC $DOGE
