ccording to a recent Research report by Blockworks, there is approximately 70% of institutional investors holding Ethereum, that are staking their holdings. This data highlights the importance of staking for investors.
Information Concerning Staking Preferences
Data shows that Institutional investors that are actively staking their ethereum holding, prefer to stake in one single and all-compassing platform such as Coinbase or Binance. Furthermore, Securiti and liquidity has shown as a crucial factors with an impressive scoring of 9.4 and 8.5 out of 10 respectively in importance. Moreover 20% of institutions have shown interest in investments in ETH according to a recent Survey.
The Increasing Significance Of Liquid Staking
Although liquid staking tokens is a relative new service in the crypto market, it has transformed the landscape, with approximately 52.% of institutional investors holding LSTs. The leader in staking protocols is none other than Lido Protocol's stETH leads the market, with approximately 54.% of liquid staking participants choosing this token. However, many analysts argue that this dominance and concentration could raise some issue regarding centralization.
Future Trends
In the survey, approximately 55% of institutional investors have shared concern and shed light on the risk towards restocking technology. The industry still shows concern in validator centralization as 65.8% of the stakeholders actively follow distributed validator services closely.
ETH Staking Gains Trust
Although some analyst are still skeptical regarding the risk with staking services and protocols, The survey, over all reveals that institutional investors are increasingly trusting Ethereum staking while providing security on one hand and ensuring liquidity on the other hand regarding staking innovations.
