Grayscale stakes 857,600 ETH valued at $3.8B today
Key Takeaways
- Grayscale staked 857,600 ETH, worth $3.8 billion on Oct. 8.
- The staked ETH is held in both Grayscale's ETHE and ETH ETF products.
Share this article
Grayscale, a digital asset management firm, staked 857,600 ETH valued at $3.8 billion today across its Ethereum ETP products. The move represents one of the largest institutional staking positions in the Ethereum network.
The staked tokens are distributed between Grayscale’s ETHE and ETH ETFs, both of which now offer staking rewards to investors through on-chain participation.
Grayscale became the first provider of staking capabilities in US-listed Ethereum ETPs, bridging crypto rewards with regulated investment vehicles. The feature allows traditional investors to earn yields from Ethereum’s proof-of-stake consensus mechanism without directly managing digital wallets or validator nodes.
Grayscale has reportedly staked nearly 890,000 ETH, following the debut of its first crypto staking ETPs in the US.
Share this article
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
Astar 2.0’s Influence on AI Infrastructure and Cloud Computing Sectors: Evaluating Changes in AI Hardware Requirements and Emerging Investment Prospects
- Astar 2.0's blockchain innovations in cross-chain interoperability and scalability aim to reshape AI infrastructure by optimizing data flow and reducing latency. - Partnerships with Sony and Toyota demonstrate blockchain-enabled AI logistics applications, enhancing transparency and operational efficiency in supply chains. - Deflationary tokenomics and institutional adoption strategies position Astar to capitalize on AI hardware growth, with analysts projecting $0.80–$1.20 ASTR valuation by 2030. - The pl
ZK Technology Experiences Rapid Growth in 2025: Could This Mark a Turning Point for Web3?
- ZK technology is driving Web3 mainstream adoption in 2025 with scalability breakthroughs and institutional adoption. - ZK rollups now exceed $3.3B TVL, proving scalability without compromising security through 43,000 TPS performance. - 35+ institutions including Goldman Sachs and Sony have integrated ZK solutions for confidential transactions and NFT verification. - Developer participation surged 230% in 2025, with ZK Layer 2 market projected to reach $90B by 2031 at 60.7% CAGR. - Investors show cautious
ETH Breaks Falling Wedge, Massive Whale Activity Signals Potential Rally
SEC Clears DTCC to Begin Large-Scale Tokenization of US Securities in 2026
Trending news
MoreCrypto prices
More
