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Home/Crypto Live News/70% Of Ethereum Institutional Investors Engaged In ETH Staking Crypto Live News Ethereum Reportedly, almost 70% of institutional investors in Ethereum (ETH) are now participating in the ETH staking. Notably, 60.6% of them use third-party staking platforms. Moreover, 69.2% of institutional investors holding Ethereum are now engaged in staking the platform’s native “ETH” token. Among these, 78.8% are investment firms and asset-managing companies. Further, more than one out of five institutional investors, or 22.6% of the investors said that ETH or an ETH-based liquid staking token (LST) now constitutes more than 60% of their total portfolio allocation. We’d Love to Hear Your Thoughts on This Article! Was this writing helpful? Yes ( Loading ) No ( Loading ) Tell us why! Close Submit Source: https://coinpedia.org/crypto-live-news/70-of-ethereum-institutional-investors-engaged-in-eth-staking/

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Filed under: News - @ October 19, 2024 9:23 am