Our Digital Asset Sidebar V4 event in New York City featured an insightful panel moderated by @Josh_Deems with guest speakers Owen Lau from @Oppenheimer, Edward McGee from @Grayscale, @cmoyall from @apolloglobal and @dschwed from @RobinhoodApp. They discussed institutional interest & readiness to engage in staking and associated operational ETP opportunities & challenges. Check out the highlights⬇️🧵

@Josh_Deems: When discussing staking with your clients, how do you highlight similarities and differences with the traditional markets? Owen Lau: There are some similarities between staking and fixed income investments. However, the differences are in the concept of staking securing a blockchain, the lack of maturity date with staking, and the lack of custody requirements.

@Josh_Deems: If staking for ETFs was approved tomorrow would your investors care? Edward McGee: Yes. If we got approval tomorrow we would stake tomorrow. There is absolutely interest from our clients in being educated about staking and if we can offer [a staking product], that would draw capital.

@Josh_Deems: Can you highlight some of the infrastructure and operational risk management issues that institutions need to understand and address when considering staking? @dschwed: It is a risk-based decision. While the infrastructure largely remains the same across pooled, liquid, or native protocol staking, institutions may need to address several key areas of risk including operational, legal, technical, and cost-related. It's really understanding natively how staking works on all the different protocols.

@Josh_Deems: Is there one development in the crypto space that, if it happened, would have a major impact for your company? @cmoyall: The launch of a blockchain and tokenized asset application that delivers a 10x improvement in value [and efficiency] for users. End-users clearly understanding the use cases and actively engaging with tokens onchain. Also, pioneering transformative end-user experiences that not only serve the community but also resonate with and benefit the broader public.