Grayscale Stakes 57,600 ETH Worth Over $121M

Grayscale staked an additional 57,600 ETH valued at more than $121 million, Cointelegraph reported on March 14, 2026. The move underscores sustained institutional interest in Ethereum staking, as larger firms increasingly put ETH to work rather than holding it idle. Market observers note that such large-scale institutional participation in staking can influence sentiment across the broader crypto market and may signal continued confidence in Ethereum's long-term utility.