Matrixport: Ethereum spot ETF may not support staking, DeFi TVL increased by $17 billion in the past week
ChainCatcher message, Matrixport posted on X platform stating that DeFi has been lagging behind in this bull market cycle, but after a brief consolidation period, the total TVL has recently increased to $108 billion, reaching the highest level since the Luna/Terra crash in May 2021. As Ethereum spot ETFs are unlikely to provide staking returns, related TVL increased by $17 billion in the past week, with Lido benefiting the most. Overall, this is positive news for Ethereum.
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
Some users are unable to access ChatGPT, OpenAI says countermeasures have been taken
The probability of a 25 basis point rate cut by the Federal Reserve in December reaches 89.2%
The size of the US money market assets surpasses $8 trillion for the first time.
Trending news
MoreCrypto prices
More
