Matrixport: Ethereum spot ETF may not support staking, DeFi TVL increased by $17 billion in the past week
Bitget2024/05/27 10:05
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.
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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.
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