The Ethereum price saw a 5.5% increase on February 12th due to a proposal filed by 21Shares, a crypto investment firm, to introduce staking for Ethereum ETFs. This would allow the ETF to generate yields and make Ethereum-based investment products more appealing to institutional investors. If approved, this could set a precedent and make staking rewards a standard feature in future crypto-backed investment products. The news is expected to drive adoption and increase demand for Ethereum. However, the Ethereum price faces potential resistance at $2,800, and if sellers defend this level, the price could drop by 18% and retest support at $2,300.



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