Ethereum staking ETF hits $33M – Can validators keep pace with Glamsterdam?

Ethereum [ETH] staking ETFs are turning protocol rewards into measurable income for investors. In just one year after inception, Grayscale’s Ethereum Staking Mini ETF created over $33.5 million in total net returns from staking.

This indicated the benefits of staking are available outside of self-custody.

At press time, 80.39% of the fund’s ETH was staked. Its Gross Staking Reward Rate stood at 2.66%, while its Net Staking Reward Rate reached 2.49%.

The fund held around 929,000 ETH and approximately $2.5 billion in Assets Under Management (AUM), giving the model scale.

For investors comparing spot Ether products, staking rewards offer another way to assess returns alongside fees and price performance.

However, those rewards represent staking income rather than the fund’s total investment return.

If the model attracts more capital, staking could become an increasingly significant part of institutional Ethereum investing.

Glamsterdam upgrade enters testing

Ethereum’s staking growth now depends partly on whether the network can handle more activity. That is why Glamsterdam entered public testing on Sepolia on the 6th of October.

Sepolia will test the way that Ethereum creates and verifies blocks. It will allow for other segments of the blockchain to verify and add transaction data more quickly.