Multicoin Co-creation: We have communicated with some ETF-related parties, and institutions do not like the uncertainty of the duration of ETH collateral unlocking
Odaily Planet Daily reports that Multicoin Capital co-founder Kyle Samani retweeted a statement from Anza's chief economist Max Resnick about "Institutions not liking the queuing mechanism when Ethereum is unpledged, institutions need a more certain time window."
Kyle added: "After talking with some ETF-related people, I can confidently say that Max is correct. The certainty of pledge/unpledging time is key to the normal operation of capital markets, and dynamic queuing mechanisms are not good."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overview of Major Overnight Developments on December 11
a16z Crypto establishes its first office in South Korea
State Street and Galaxy to launch tokenized liquidity fund on Solana in 2026
Norwegian central bank temporarily halts progress on CBDC plan