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Ethereum Staking Soars as ETH Price Hits Two-Week Peak

  • Staked Ether (ETH) reached an all-time high of 34.8M as the price surpassed US$2.8K, signaling investor preference for long-term yield over selling.
  • Lido's staking dominance decreased to 25.6%, with ether.fi gaining momentum and managing 2.25M ETH in restaked assets.
  • The rise in staking aligns with discussions on allowing Ethereum spot ETFs to offer staking, potentially reshaping ETF structure and market dynamics.
  • The surge in staked Ether coincides with Ether's price recovery to a two-week high and increased institutional inflows.

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