“We’ve 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 a minimum of within the quick time period,” Augustine Fan, head of insights at SOFA.org, mentioned in a Telegram message. “TradFi continues to be cautious with ETF ETH shopping for on the shortage of readability over staking legalities,” Fan added, referring to ether’s (ETH) underperformance in comparison with bitcoin prior to now week.