The amount of value locked in the ether.fi liquid restaking solution has increased by $1 billion since the news that an Ethereum ETF would be approved.
Statistical data from DefiLlama shows that from May 20 to May 25, the value locked (TVL) on DefiLlama increased from 4.5 billion USD to 5.6 billion USD, equivalent to more than 24%. This is also the highest TVL level ever for ether.fi. This is also the time when the Ethereum ETF prospect "changed" 180 degrees, from being definitely rejected by the SEC until 8 proposals of Wall Street giants were approved in the early morning of May 24. However, CoinDesk statistics show that in the last 10 days, up to 270,000 ETH, worth $995 million, was deposited into ether.fi for receive interest from the project, including ETH staking interest of 3.48%/year and 15.1% interest from other flexible token locking products.
