Two spot ETH ETFs managed by Grayscale have staked 32,000 ETH in the past 9 hours
Jinse Finance reported that on-chain analyst Yujin stated that ETH held by US spot ETH ETFs is now allowed to be staked, which may be one of the reasons why ETH rebounded from $3,800 to $4,700 during this period. The two spot ETH ETFs managed by Grayscale staked 32,000 ETH in the past 9 hours. They had conducted a large-scale ETH distribution 20 days ago, with 3,200 ETH per address. Last night, an announcement confirmed that the ETFs they manage can now stake ETH, and then they staked 32,000 ETH using 10 addresses.
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