Spot Ethereum ETF Greenlight Ushers in DeFi Summer Boom
April 13, 2024
The approval of a Spot Ethereum ETF is anticipated to significantly boost DeFi activities, leading to a 'DeFi Summer'.
Increased institutional investment in liquid staking and tokenization of Real World Assets is expected as a result of the ETF's approval.
Major financial institutions such as Goldman Sachs and JP Morgan are poised to be at the forefront of this reshaped DeFi investment landscape.
The perspective offered is from the Co-Founder of Tranchess, a DeFi protocol that specializes in structured and liquid staking solutions for crypto assets.
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