ETH Unstaking Period Hits ATH, Cathie Wood Explains Who To Blame

2025-07-26 10:22:53

Main Idea

Cathie Wood attributes the record-high Ethereum (ETH) unstaking period to corporate purchasers shifting staked ETH into Treasury companies, while the ETH staking ecosystem faces saturation and declining APR.

Key Points

1. Cathie Wood blames VCs and corporate investors for the high ETH unstaking queue, now at 13 days, as they move staked ETH into Treasury companies for higher returns.

2. Robinhood is offering a 2% bonus for crypto transfers, incentivizing shifts in staking behavior.

3. The ETH unstaking queue involves 733,621 ETH ($2.76 billion), 50% higher than the previous record.

4. Ethereum's staking ecosystem has 1,092,991 active validators securing 35.6 million ETH (29.48% of supply), but APR has dropped to 2.97% due to saturation.

5. Companies like SharpLink Gaming (SBET) and Bitmine Immersion (BMNR) hold significant ETH, allowing stock traders to gain exposure without directly holding the cryptocurrency.