April 1, 2022
As anticipation and mainstream media coverage begin to ramp up ahead of “the Merge,”a popular narrative about staked ether (ETH) and its derivatives is beginning to take shape: namely, that staked ETH could be an ideal investment vehicle for major institutions looking to dip their toes into crypto holdings.
Currently, staked ETH is already a wildly popular investment among crypto traders and investors, even though those deposits are illiquid and impossible to trade until sometime after the Merge takes place. Liquid staking solutions – services that offer users a tradable token representing those deposits in the ETH 2.0staking contract– currently account for roughly $20 billion in deposits.
OneProSpecial Analyst
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