Institutions inject $500 million into Ethereum… “Stake” continues to withdraw liquidity from the market

According to data from the blockchain network, Grayscale and Bitmine increased investment in Ethereum through large-scale staking operations in just 24 hours, with an investment amount of approximately $500 million.

“Grayscale” deposited 102,400 ETH tokens, worth approximately $237 million, into the “Coinbase Prime” platform through 32 separate transactions as part of an expansion of its “staking” product that will be launched in late 2025.

Since then, the company has generated approximately $38 million in net revenue from these activities.

Its Ethereum fund also performed strongly, attracting $337 million worth of inflows in the first quarter of 2026, bringing assets under management to about $4 billion.

On the other hand, “Bitmine” continues to consolidate its position as the largest institutional entity staking Ethereum, raising the total amount of frozen currency to approximately 3.7 million ETH, accounting for approximately 74% of its total holdings.

Data shows that about 39 million ETH are currently locked in pledge contracts, accounting for about one-third of the total supply, which reduces the liquidity available for transactions and may support prices.