When Ethereum pays interest to TradFi: Is ETH reaching a structural inflection point?
Grayscale's Ethereum Staking ETF (ETHE) has begun distributing staking rewards to shareholders, marking a significant milestone in crypto finance. This allows traditional investors to receive returns from Ethereum staking without needing to understand complex crypto mechanisms. The Ethereum staking ratio has reached a record high, with over 36 million ETH staked, indicating a shift towards Ethereum as an interest-bearing asset. This development could lead to broader adoption of Ethereum staking in traditional finance, potentially attracting significant long-term investments from major asset management firms.