Ethereum Staking Hits Record Levels Ahead of ETF Launch
Staked ETH nears an all-time high as investors anticipate the approval of spot Ethereum ETFs in the U.S.
- Over 33.2 million ETH, worth approximately $114 billion, are currently staked, representing 28% of the total supply.
- Staking rewards have increased to 2.60%, up from 2.48% last month, attracting more ETH holders.
- Bitwise CIO predicts Ethereum's price could surpass $5,000 due to anticipated ETF inflows.
- Ethereum's 0% inflation rate and reduced selling pressure from validators are key factors in the bullish outlook.
- Analysts expect spot Ethereum ETFs to attract $15 billion in new assets within 18 months of launch.