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Large holders became highly active in May 2026 near Ethereum’s key support area, as on-chain data showed that addresses holding more than 10,000 ETH purchased... The post Why Crypto Whales Are Accumulating Ethereum Again in May 2026 appeared first on Bitcoin …
Large holders became highly active in May 2026 near Ethereums key support area, as on-chain data showed that addresses holding more than 10,000 ETH purchased more than 140,000 ETH within days, contin… [+25626 chars]
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It is a rewards-generating crypto exchange-traded product launched by BlackRock in March 2026 that holds spot Ether and stakes a portion of those holdings.
The fund stakes between 70% and 95% of its Ether holdings, and the resulting rewards are distributed to investors as monthly cash payouts.
Galaxy Digital is one of three validators selected by BlackRock to power the staking for the iShares Staked Ethereum Trust ETF.