PANews reported on October 8 that according to monitoring by on-chain analyst Ember, the two ETH spot ETFs managed by Grayscale continued to pledge 272,000 ETH (US$1.21 billion) 4 hours ago. They have deposited a total of 304,000 ETH into pledge since they were allowed to pledge.

Currently, there are 489,000 ETH waiting to be staked, meaning Grayscale accounts for the majority of ETH waiting for staking to take effect. However, compared to the ETH entering staking, there is a much greater amount of ETH being withdrawn: a total of 2.427 million ETH is currently waiting to be withdrawn from staking.