As seen above, there were 1,375,981 unique depositors on the ETH 2.0 staking network at the close of May 19. But since Bloomberg analysts announced a “75% chance” of the SEC’s approval verdict on May 20, there has been an unusual and persistent increase in the number of new depositors.
Since then, 59,894 depositors have staked their coins on the ETH 2.0 beacon chain contracts, bringing the total number of unique staker wallets to 1,435,875 addresses at the time of publication on June 30
This implies that there has been a 4.35% increase in the Ethereum 2.0 staking participation rate between May 20 and June 30, driven by the ETH ETF approval.
Experts Raise Concerns Over Regulatory Implications of Ethereum ETF Staking
Meanwhile, amid growing optimism that Ethereum’s yield-bearing mechanism could trigger a major supply crunch as ETFs begin staking their own deposits, Jonathan Solomon, Co-Founder and Co-CEO of ARIA (Algorithmic Rating Investment Analysis), called for caution, citing regulatory hiccups ahead.