Two spot ETH ETFs managed by Grayscale staked an additional 857,600 ETH about 3 hours ago, equivalent to approximately $3.88 billion.
According to Jinse Finance, on-chain analyst Yujin has monitored that two ETH spot ETFs managed by Grayscale staked an additional 857,600 ETH (3.88 billions USD) three hours ago. Since they were allowed to stake the day before yesterday, a total of 1,161,600 ETH (5.25 billions USD) has been staked. Currently, there are 1.38 million ETH queued and waiting to take effect, of which ETH staked by Grayscale accounts for 84%.
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
CNY: How to resolve the dilemma between bulls and bears?
Rare in 25 years! The 10-year U.S. Treasury yield surpasses the S&P 500 earnings yield
The 10-year US Treasury yield has surpassed 5%, making bonds more attractive relative to stocks than at any point in the past 25 years. The earnings yield of stocks, as measured by the inverse of the S&P 500’s price-to-earnings ratio, is now lower than the 10-year US Treasury yield, resulting in a clear yield suppression effect on the stock market from bonds. According to the Shiller model, the S&P 500 may outperform bonds by only about 1% annually over the next decade. The 20-year paradigm of stocks outperforming bonds has officially come to an end.
Iron ore retreats, copper takes the lead: Australian mining stocks find a new growth story
Analysts state that the rapid growth in copper demand driven by power infrastructure and artificial intelligence (AI) provides a new rationale for investors to allocate to the mining sector. Australian mining stocks are expected to continue their upward trend.
