Purpose Investments stakes $80M worth of ETH

August 06, 2026, 1:13 AM

Canada’s largest crypto ETF manager Purpose Investments staked 42,000 ETH worth $80 million into the Ethereum beacon chain deposit contract about three hours ago. The amount equals 36.6% of the ETH holdings in Purpose’s ETF. Purpose’s spot ETH ETF currently holds about 114,900 ETH.

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