Ethereum Staking ETF Review Ignites 12% Weekly Rally Toward $3,600
SEC acknowledgment of yield-bearing ETF amendments lifts ETH/BTC ratios while network fee revenue triples on Layer-2 settlement demand.
Daniel Brooks
Digital Assets Analyst · Vizyon Capital
Ethereum stepped back into the spotlight after US securities regulators formally opened review windows for staking-enabled spot ETF amendments submitted by two major asset managers. ETH jumped 12% on the week toward $3,540, with options traders aggressively bidding $4,500 and $5,000 upside calls.
On-chain metrics corroborate the rebound: Layer-2 rollup settlement pushed quarterly Ethereum protocol revenue up nearly threefold, while nearly 29% of circulating supply remains locked in validator staking contracts.
Technically, $3,200 serves as key near-term support, with a decisive breakout through $3,800 opening a path toward $4,200.
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