Ethereum’s staking landscape has shifted sharply over the past month as institutional investors, led by BitMine and new ETFs, have saturated the network. This influx has created a logistical bottleneck, forcing new participants to wait roughly a month before their staked assets begin earning returns. Institutions Flock to Ethereum Staking Despite Record-Low Yields On January 9, blockchain analyst Ember CN reported that BitMine has moved more than 1 million ETH (over $3. 2 billion) into Ethereum’s proof-of-stake system over the past 30 days
source: https://beincrypto.com/bitmine-ethereum-staking-choke-point/