“We now have seen each NYSE and NASDAQ withdraw their functions to checklist BTC ETF choices over the previous 72 hours, including extra headwinds to wider mainstream adoption at the very least within the brief time period,” Augustine Fan, head of insights at SOFA.org, stated in a Telegram message. “TradFi continues to be cautious with ETF ETH shopping for on the dearth of readability over staking legalities,” Fan added, referring to ether’s (ETH) underperformance in comparison with bitcoin prior to now week.