Despite lower yield than cash rates, investors continue to line up for Ethereum staking

As of Oct. 23, roughly 1.38 million ETH are waiting to enter staking, with an estimated wait of 24 days and nine hours, while 44.1 million ETH, over 36% of the supply, is already staked. Although Ethereum staking offers an estimated 2.2% annual return on ETH, which is slightly higher than the average rate on new euro household deposits (2.13% for maturities up to one year), this return is coupled with ETH's price volatility, unlike fixed cash deposits. Furthermore, staking is expanding beyond crypto-native platforms, with Interactive Brokers adding Ethereum staking for eligible clients in October.