Huo Xing Finance reports, according to Onchain Lens monitoring, Purpose Investments' Ether ETF has staked 42,000 ETH, approximately $80 million, into the Ethereum Beacon Deposit Contract over the past three hours, accounting for 36.6% of the ETF's total holdings of 114,900 ETH.
Purpose Investments' Ether ETF Holds 42,000 ETH Worth $80M
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Summary
Purpose Investments' Ether ETF has staked 42,000 ETH, valued at approximately $80 million, into the Ethereum Beacon Deposit Contract. This represents 36.6% of the ETF’s total ETH holdings of 114,900. The move follows continued news highlighting rising on-chain activity for ETH. The latest update shows a significant portion of the fund’s assets now locked in staking.
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