Staked Ether Close to All-Time High as ETF Approval Nears
Summary
Ether staked nears record high at 33.3 million ETH, 27.7% of total supply. Growing supply indicates return to inflationary asset. Spot trading volume data suggests ETH liquidity comparable to BTC. Around 40% of ETH is locked in smart contracts or staked. Invesco and Galaxy propose spot ether ETFs with 0.25% management fee. SEC feedback and final filings needed before trading. Bettors predict ether outperforming BTC but not hitting all-time high before BTC.
