SAEDNEWS: SharpLink Secures $1 Million Ethereum Staking Reward in One Week, Locks 900K ETH as Institutional Treasury Demand Grows
According to Saednews, SharpLink (Nasdaq: SBET), a digital asset management company, announced that it received 459 ETH (worth around $1 million) in staking rewards this week, bringing its total accrued rewards to 18,309 ETH.
The company currently has nearly 900,000 ETH locked in the network, generating continuous returns through the proof-of-stake mechanism. With Ethereum trading around $2,305, its total crypto holdings are valued at approximately $3 billion.
Ethereum staking involves locking tokens to run validator nodes that secure the network and process transactions. Under the current economic model, stakers earn an estimated annual yield of 3.5% to 4.2%. SharpLink now ranks as the world’s second-largest institutional Ethereum treasury, following BitMine.
Developments in 2026 highlight the maturation of the Ethereum ecosystem. The total staking rate has officially surpassed 30%, with more than 36 million ETH—worth roughly $120 billion—locked to secure the network. Meanwhile, 21Shares has become the first to distribute staking rewards for its spot ETF, allowing traditional investors to earn network yields without handling technical infrastructure.
Another major milestone is JPMorgan’s launch of its tokenized money market fund, MONY, directly on the Ethereum mainnet.
Instead of using private blockchains, the banking giant has chosen Ethereum’s Layer 1 security for its assets. At the same time, liquid staking protocols such as Lido continue to dominate the retail staking market.
Joseph Chalom, CEO of SharpLink, said in the latest earnings report:
“We have successfully become an institutional-grade Ethereum treasury platform. Our goal is simple: responsibly increase ETH per share and optimize treasury asset efficiency over time.”
