The Ethereum network offers a constant reward of about 5 percent APR to the current 561,655 beacon chain validators.
Investors have increased their Ethereum staking activities following a decline in correction between ETH and Bitcoin after the Shapella upgrade.
Two weeks after the Shanghai Shapella upgrade clocked on the second most valuable blockchain Ethereum and more than 1.6 million ETH worth approximately $3 billion has been withdrawn. The underlying asset value has since retracted from trading above $2k after experiencing a rather strong resistance of around $2100. Trading around $1,813 on Tuesday, the Ethereum market has gained about 51 percent YTD.
Institutional investors increase Ethereum staking
With the Ethereum network stabilized under the proof-of-stake (PoS) consensus mechanism, institutional investors are comfortable staking to rake in secure profits. According to aggregate market data provided by dune analytics, Ethereum investors have deposited about 571,950 ETH into s

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