Large institutional investors such as BlackRock and Grayscale, along with Ethereum-focused treasury firms like BitMine and SharpLink, are accelerating their $ETH staking activities. This trend creates fresh momentum for the asset amid ongoing volatility in the crypto market.
The surge in staking activity reflects long-term confidence in the Ethereum ecosystem. It may also support a stronger recovery in $ETH prices in the near term.
$ETH Staking Ratio Hits New High in March
According to a report from Lookonchain, Grayscale has staked an additional 19,200 $ETH (approximately $44.6 million) through its Ethereum Mini Trust. The firm had previously staked 57,600 $ETH (around $121.6 million).
Grayscale(Ethereum Mini Trust) staked another 19,200 $ETH($44.6M) 9 hours ago.https://t.co/Ip4zFxWPxc pic.twitter.com/uKt0WjKco6
— Lookonchain (@lookonchain) March 18, 2026
Recently, Grayscale has repeatedly transferred batches of 3,200 $ETH (about $7.4 million per batch) from its accounts to batch staking addresses on Coinbase. This pattern shows that the firm continues to execute a long-term accumulation and capital-locking strategy.
A recent report from BitMine highlights the massive scale of its staking operations. As of March 15, 2026, BitMine has staked a total of 3,040,515 $ETH, out of total holdings of 4,595,562 $ETH.
This indicates that the majority of its $ETH assets are deployed in staking to generate yield rather than being held as liquid reserves. This strategy generates approximately $180 million in weekly revenue.
“This is a portion of the 4.5 million $ETH held by Bitmine. The CESR (Composite Ethereum Staking Rate, administered by Quatrefoil) is 2.79% and BMNR 7-day yield is 2.81%. Bitmine is currently working with three staking providers as the company moves towards unveiling its commercial MAVAN (Made in America Validator Network) in 2026,” BitMine stated in its report.
$ETH Staking. Shource: BitMine">
SharpLink has also reported strong results from its Ethereum treasury strategy. The company has generated a total of 15,464 $ETH (approximately $36 million) in cumulative staking rewards since launch. It currently holds 868,699 $ETH.
Sharplink has now generated 15,464 $ETH (~$36M) in cumulative staking rewards since launching our Ethereum treasury.
— Sharplink (@Sharplink) March 17, 2026
Last week, we generated over $1.1M (493 $ETH) from staking.
Every week, our $ETH earns more $ETH. This is Ethereum with an edge. pic.twitter.com/YOx4w65fQt
Beyond these firms, the launch of a staking-enabled Ethereum ETF by BlackRock — iShares Staked Ethereum ETF (ETHB) — also plays a key role in boosting staking demand.
According to CryptoQuant, the $ETH staking ratio has surged throughout 2026. It reached a new all-time high of 31.1% in March. Meanwhile, $ETH reserves on exchanges have dropped to record lows. This combination creates a strong supply squeeze effect that may push prices higher.
Overall, aggressive staking activity from major institutions such as Grayscale, SharpLink, and BitMine, combined with BlackRock’s participation via a staking ETF, sends a clear signal of long-term confidence in Ethereum.
As more $ETH becomes locked in staking and exchange reserves continue to decline, these factors could help $ETH prices counterbalance headwinds from geopolitical and macroeconomic uncertainty.
The post BlackRock and Other Institutions Are Staking $ETH — The Supply Squeeze Is Just Getting Started appeared first on BeInCrypto.
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