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 However, compared to the ETH entering staking, there is a much greater amount of ETH being withdrawn: a total of 2.427 million ETH is currently waiting to be withdrawn from staking.



While Silicon Valley dominates Web2, emerging markets like the UAE and Singapore lead DePIN adoption with better regulations and real infrastructure needs. Opinion by: Yanal M. Hammouda, head of market expansion at WingbitThe decentralized physical infrastructure network (DePIN) sector saw $150 million of capital flow during Q1 2025, with a projected market size of $3.5 trillion by 2028. Yet the most significant development isn’t the capital raised but where these networks operate. Emerging markets like the Middle East, Southeast Asia and South America — rather than Silicon Valley — are driving the future of DePIN adoption. Read more