
Ethereum developer confirms Shanghai upgrade will not unlock staked tokens
The Ethereum website incorrectly states staking withdrawal functionality will be enabled in the Shanghai upgrade, leaving depositors in limbo.
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ETHE and GDLC funds will transfer ownership of 3,100,629 ETHPoW tokens to Grayscale Investment. The tokens will be sold when deep liquidity is developed for ETHW trading.

Sunny Aggarwal said that the inability of users to withdraw the staked ETH has contributed to the growing deviation of Lido's stETH price from the underlying ETH.

Some crypto community members have argued that Ethereum's transition to PoS could trigger regulatory interest in the token.



