Ether treasury companies may need to use liquid staking to outperform ETH Staking ETFs, according to Kean Gilbert, head of institutional relations at Lido, at ETHCC 2026. Gilbert suggests that active yield strategies like posting ETH as collateral and borrowing against it could generate higher returns than passive staking products. US-listed staked ETH products now include the REX-Osprey ETH + StakingETF, Grayscale’s Ether Staking Exchange, and BlackRock’�s iShares Staked Ether Trust ETF. However, Jimmy Xue, co-founder and chief operating officer of quantitative yield platform Axis, said that while staked Ether products are different investment vehicles, they do not necessarily need to beat staked products on headline yield. Sharplink Gaming, the second-largest corporate Ether holder, has generated around $30.8 million in staking rewards as of March, largely from liquid sting.