# Ethereum Staking Yield Drops to 2.6%

> Ethereum's staking yield fell to 2.6%, is it still worth staking ETH?
- Title: Ethereum Staking Yield Drops to 2.6% · 24/7 Wall St.
- Summary: Ethereum's staking yield fell to 2.6%, is it still worth staking ETH? Ethereum's staking yield dropped to 2.6%, but record staking numbers and corporate…
- Keywords: ethereum, staking, yield, eth, treasury bills, bitmine, bitwise, staking rewards, eth price volatility, tax implications, Drops, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/cryptocurrency/2026/10/21/ethereums-staking-yield-just-fell-to-2-6-is-staking-eth-still-worth-it
- Author: Sam Daodu
- Published: 2026-10-21T18:00:14+00:00
- Read time: 1 min
- Topics: ethereum, staking, yield, eth, treasury bills, bitmine, bitwise, staking rewards, eth price volatility, tax implications
## Ethereum Staking Yield Drops
Ethereum's staking yield has dropped to 2.6% according to Bitwise data.
## Record Staking Numbers
Bitwise reports 43.8 million ETH staked, accounting for 36% of total supply.
## Bitmine Locks Up $391 Million
Bitmine staked 159,728 ETH valued at $391 million, bringing its total staked ETH to 5.23 million.
## Staking Yield Comparison
Staking $10,000 earns about $260 annually before fees, versus 4.2% for 13-week Treasury bills.
## Price Volatility Risk
ETH price dropped 37% over the past year, costing about $3,670 on a $10,000 investment.
## Bitmine's Stock Decline
Bitmine's stock fell nearly 57% over the past year despite accumulating ETH.
## Tax Implications
Staking rewards are taxed as ordinary income, while T-bill interest is exempt from state income tax.
## Staking Methods
Solo staking requires running a validator with 32 ETH, liquid staking uses tokens, exchange staking charges fees, and staking ETFs deduct fees.
## Withdrawal Queues
1.16 million ETH is queued for staking, causing delays in rewards for new stakers.
## Is Staking Still Worth It?
Staking ETH may be viable for long-term holders but offers less return than Treasury bills without price risk.
## Key takeaway

Ethereum's staking yield dropped to 2.6%, but record staking numbers and corporate participation suggest it remains viable for long-term holders.