Ethereum Staking Nears Record High as Spot ETFs Set to Launch in the U.S.
staking is approaching record levels, driven by increasing rewards and the imminent launch of spot Ethereum ETFs in the U.S. According to from Beaconchain, over 33.2 million Ethereum tokens, valued at approximately $114 billion, are currently staked. This represents about 28% of the total ETH supply. ETH is currently trading at $3,419, down 1.97% in the past 24 hours. The rise in staked ETH aligns with a nearly 5% increase in the estimated reward rate for staking Ethereum over the past month. Staking involves locking up ETH for a specified ...
Click
To Read Full Article