Ethereum staking yield is losing to cash rates, so why are investors still lining up?

Put €10,000 into Ethereum staking at a 2.2% annual return and, if ETH's price stays unchanged, you'll earn about €220 over a year. That's just €7 more than the same amount would earn at the average rate on new euro household deposits with maturities up to one year, but with Ethereum's price volatility attached to every cent of your investment. Investors are still lining up, though, with roughly 1.38 million ETH waiting to enter staking as of Oct. 23 and an estimated wait of 24 days and nine hours. Another 44.1 million ETH, more than 36% of the supply, is already staked to help secure the network and earn rewards.

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