Bitwise Asset Management acquires Chorus One, a major staking provider with $2.2 billion in assets staked. Financial terms undisclosed. Demand for onchain yield products rises among retail and institutional investors. Ethereum staking interest grows, with 4 million ETH in the validator queue, 37 million ETH staked, and 1 million active validators securing the network.

Morgan Stanley files for a spot Ether ETF that includes staking. Grayscale to distribute staking rewards from its Ethereum Trust ETF. Bitwise’s acquisition follows a record year for crypto M&A, totaling $8.6 billion across 133 transactions in 2025. Coinbase leads the wave with six acquisitions, including Deribit.

Crypto VC activity hits $4.6 billion in Q3, the second-best quarter since the FTX collapse. Grayscale and Morgan Stanley integrate staking into their products. Ethereum staking demand surges, leading to long wait times. Bitwise’s acquisition of Chorus One expands its cryptocurrency yield services.

Read more at Cointelegraph: Bitwise to Acquire Chorus One as Crypto Staking Demand Accelerates