BlockBeats News, October 7th, on-chain analyst Yu Jin stated that the ETH held in the US ETH Spot ETF is now allowed to be staked, which may be one of the reasons for ETH’s rebound from $3800 to $4700 during this period.
Within the past 9 hours, two ETH Spot ETFs managed by Grayscale have staked 32,000 ETH. They distributed a large amount of ETH 20 days ago, with 3,200 ETH per address. The announcement last night confirmed that their managed ETFs can now stake ETH, and they staked 32,000 ETH using 10 addresses.
