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StakeFarm CEO: StakeFarm users increased significantly as Ark Invest ETF proposal changes

StakeFarm CEO: StakeFarm users increased significantly as Ark Invest ETF proposal changes

CointimeCointime2024/05/14 04:40
By:Cointime

StakeFarm announced that after the recent changes to Ark Invest's Ethereum ETF proposal, the amount of ETH staking registrations on its platform has significantly increased.

The modified proposal from Ark Invest and 21shares clearly removed the staking option previously included, prompting investors to shift significantly towards platforms specialized in cryptocurrency staking services such as StakeFarm.

Klajdi Toci, CEO of StakeFarm, stated that with the changes to Ark Invest's ETF proposal, we have seen a significant increase in users seeking reliable staking options on our platform.

Previously, it was reported that the spot Ethereum ETF proposed by ARK Invest and 21Shares would not include staking.

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