When were staking withdrawals enabled?

Staking withdrawals were enabled with the Shanghai/Capella upgrade which occurred on April 12, 2023. More about Shanghai/Capella Staking withdrawals refer to transfers of ETH from a validator account on Ethereum's consensus layer (the Beacon Chain), to the execution layer where it can be transacted with.

What does it mean to stake ETH?

Staking is the act of depositing 32 ETH to activate validator software. As a validator you’ll be responsible for storing data, processing transactions, and adding new blocks to the blockchain. This will keep Ethereum secure for everyone and earn you new ETH in the process. Why stake your ETH?

What happens if a staking balance is over 32 ETH?

Reward payments of excess balance over 32 ETH will automatically and regularly be sent to a withdrawal address linked to each validator, once provided by the user. Users can also exit staking entirely, unlocking their full validator balance.

How long does ETH staking take?

Distribution of ETH staking by validator pool At the moment, there are around 1.03M ETH in earned rewards for 516k active validators, which should presumably take about five days to fully distribute (as 16 partial withdrawals can be processed every 12 seconds).