Kraken: ETH unstaking ‘not available’ until the Shanghai upgrade in 6 months

After the long-anticipated Merge upgrade of the Ethereum (ETH) ecosystem occurred, some users have started to wonder when they will be able to unstake their already staked ETH tokens, receiving a direct answer from cryptocurrency exchange Kraken. Ethereum network, as the crypto exchange’s support informed its users on September 15.

In addition, Kraken’s support team said that the Ethereum Foundation expected the Shanghai upgrade to take place “6-12 months following The Merge.” The tweet also directed users to the exchange’s website, stating the same thing. Furthermore, the website states that “the following Shanghai upgrade will enable staking withdrawals. Staked ETH and staking rewards continue to be locked without the ability to withdraw,” reiterating that “withdrawals are planned for the upcoming Shanghai upgrade.”

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