Ethereum staking hits record: 43 million ETH in deposit contract
- —About 43 million ETH is in Ethereum's staking contract, nearly 35% of supply
- —BlackRock filed for an ETF allocating up to 95% of ETH to staking
- —ETH trades near $2,512, up 0.9% on the week
- —ETH's liquid supply continues to shrink
Why it matters: Shrinking free ETH supply amplifies the impact of rising demand on price, especially if a staking ETF is approved.
Source: Crypto Economy