Recently, the price of Ethereum (ETH) has rebounded from $3,800 to around $4,700, and there may be multiple factors behind this rise, one of which worth following is the new staking feature added to the U.S. Ethereum spot ETF.

According to the latest news, two Spot ETFs managed by Grayscale have staked 32,000 ETH in the past 9 hours. This action seems to have been anticipated, as about 20 days ago, these ETFs conducted a large-scale distribution of ETH, distributing 3,200 ETH to each address, at which time market analysts speculated that this could be preparation for staking.

It has been proven that this speculation was correct. Just last night, the relevant parties officially announced that their managed ETF is now authorized to stake ETH. Subsequently, they quickly took action and completed the staking operation of 32,000 ETH through 10 different addresses.

This move not only demonstrates institutional investors' confidence in the Ethereum ecosystem but also provides new revenue avenues for ETH holders. The introduction of the staking mechanism may affect the market supply and demand balance, as the staked ETH will be temporarily locked out of circulation, which could potentially impact the supply of ETH to some extent, thereby affecting its price.

However, investors still need to be cautious and closely follow market trends. Although the opening of the ETF staking feature may be one of the driving factors for the recent rise in ETH prices, the cryptocurrency market is complex and volatile, and price movements are often influenced by a combination of various factors. The future price trend of ETH will also need to consider multiple factors such as overall market sentiment, technological developments, and the regulatory environment.

With the continuous development and improvement of the Ethereum ecosystem, we can expect to see more innovative financial products and services emerge. This not only provides investors with more choices but also injects new vitality into the long-term development of the Ethereum network.