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The two ETH Spot ETFs managed by Grayscale have staked 32,000 ETH in the past 9 hours.
[Grayscale's two ETH Spot ETFs have staked 32,000 ETH in the past 9 hours] On-chain analyst Yu Jin stated that the ETH of the US ETH Spot ETFs is now allowed to be staked, which may be one of the reasons for ETH's rebound from $3800 to $4700 during this period (. Grayscale's two ETH Spot ETFs have staked 32,000 ETH in the past 9 hours. They conducted a large-scale ETH distribution 20 days ago, with each address receiving 3,200 ETH. Last night, an announcement confirmed that the ETFs they manage can now stake ETH, and then they staked 32,000 ETH using 10 addresses.