Ethereum staking yield of ~2.2% trails euro cash rates, yet 1.38M ETH queues to stake
- —About 1.38 million ETH is queued to stake, with an estimated wait of 24 days and nine hours
- —44.1 million ETH, more than 36% of supply, is already staked
- —ETH staking yields roughly 2.2% versus 2.13% on one-year euro household deposits
- —BitMine has 5.07 million ETH staked, worth about $12 billion, at a 2.58% yield
Why it matters: Staking is increasingly driven by long-term ETH exposure rather than yield, keeping a large share of supply locked and supporting the network.
Source: CryptoSlate