Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
Restaking protocol Ether.fi has soared to record highs in terms of deposits and total value locked as investors anticipate theMore than 270,000 ether has been deposited to Ether.fi over the past ten days. The inflows, coupled with ether's recent rise in price, have spurred the protocol's with TVL to increase from $4 billion to $5.4 billion, an all-time high according to
The increase in activity could suggest that investors are looking to gain exposure to the Ethereum ecosystem while betting on whether staking could be incorporated into ETF products in the future. "I think there is question whether staking, particularly liquid staking, turns ETH into a security," Silagadze said."I think how it is going to start is you will have ETH ETFs that are either contracted out or run their own infrastructure, those nodes will be compliant and censored and all of that stuff, but it'll have a nice baked-in yield. Restaking is much more complex, so I think it'll get there; it'll just be a matter of time.
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