According to Lookonchain, VanEck has expanded its Ethereum ETN staking position by 12,600 ETH, reflecting ongoing institutional commitment to Ethereum’s proof-of-stake network.
VanEck has staked an additional 12,600 ETH, valued at $37.9 million, as reported by blockchain analytics platform Lookonchain on November 28. The stake supports VanEck’s Ethereum exchange-traded note (ETN), offering investors exposure to staked ETH and its rewards. This latest move highlights sustained institutional participation in Ethereum staking via regulated investment products.