Altcoins experienced their worst weekend since April with a median decline exceeding 5 %, driven by contagion from US stocks. Ether trades around $2,420, XRP at $1.30 and Solana at $105. Ethereum ETFs saw $320.1 million in outflows during the week of October 12-16, surpassing Bitcoin ETF outflows of $228.4 million, with BlackRock accounting for $299 million of the losses. Despite these outflows, 1,218,551 ETH remain queued for staking, representing an entry queue exceeding the exit queue by over 400,000 ETH. In total, 43.7 million ETH are staked, representing 35.78 % of the supply across 829,823 validators, yielding 2.56 % annually.
Source: Read the original article


