Two spot ETH ETFs managed by Grayscale have staked an additional 272,000 ETH, valued at $1.21 billions.
According to ChainCatcher, on-chain analyst Yu Jin monitored that two ETH spot ETFs managed by Grayscale staked an additional 272,000 ETH (1.21 billions USD) four hours ago. Since being allowed to stake, they have deposited a total of 304,000 ETH into staking.
Currently, there are a total of 489,000 ETH waiting to be staked, which means Grayscale accounts for the majority of ETH pending staking activation. However, compared to the amount entering staking, there is much more ETH exiting: at present, a total of 2.427 millions ETH are queued and waiting to exit staking.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Kazakhstan seizes $16.7 million in digital assets from unlicensed exchanges
Major U.S. labor unions say Senate crypto bill lacks "meaningful safeguards"
A certain whale deposited 5.8 million USDC into Hyperliquid and opened a 3x leveraged short position on MON.
Trending news
MoreCrypto prices
More
