Ethereum Spot ETFs May Increase Validator Concentration Risk, Warns S&P Global

S&P Global has released a report highlighting the potential risks associated with concentrated staking power in Ethereum. This issue could be exacerbated by the anticipated increase in demand for Ethereum-based Exchange Traded Funds (ETFs). The report suggests that the introduction of Ethereum spot ETFs could lead to a higher concentration of validator power, posing risks to the network's decentralization and security.