Bernstein: U.S. Ether ETF May Soon Introduce Pledged Income Feature

According to a 2 December report from Bernstein, a pledge yield feature may soon be introduced to U.S. ethereum exchange-traded funds (ETFs).Bernstein analysts said, ‘We believe that under Trump 2.0’s new crypto-friendly [U.S. Securities and Exchange Commission], it is likely that the ETH pledge yield feature will be approval.’ With data showing that the annualised percentage return (APR) on ETH pledges denominated in ETH was around 3.1% as of 2 December, Bernstein said, ‘We believe that ETH yields could rise further to 4-5% as the level of activity on the ethereum blockchain network increases.’