The approval of the staking ETF has entered the final stage, and the surge in destruction has ignited a deflationary frenzy!
Latest nuclear-grade good news in March: The approval of the Ethereum staking ETF has entered a critical window, with billions of dollars ready on Wall Street. Once approved, it will replicate the crazy market of the Bitcoin ETF! On-chain data is even more shocking—March saw a total destruction of 147,620 ETH (about $543 million), with staking income surging by 44.5% to $309.3 million! The dual deflationary engines of EIP-1559 and the Shanghai upgrade are running at full speed, with total destruction surpassing 4.23 million ETH (about $11.84 billion)! Currently, the price of $2,003 is still hovering at the bottom, and institutions are quietly building positions—Coinbase's survey shows that 73% of institutions plan to increase their holdings of ETH in 2026! Staking annualized returns are stable at 4.8%+ with dual benefits from price increases. If you don't get on the bus now, you'll miss the chance to drink soup when the ETF gets approved and opens up 20% higher directly!🍲