Grayscale’s ETHE, ETH, and GSOL products will start offering staking rewards for Ethereum and Solana. A major investment manager made a move that could fundamentally change how crypto ETFs work. On Monday, Oct. 6, Grayscale added staking capabilities to its…Grayscale’s ETHE, ETH, and GSOL products will start offering staking rewards for Ethereum and Solana. A major investment manager made a move that could fundamentally change how crypto ETFs work. On Monday, Oct. 6, Grayscale added staking capabilities to its…

Grayscale launches staking for its Ethereum and Solana ETFs

Grayscale’s ETHE, ETH, and GSOL products will start offering staking rewards for Ethereum and Solana.

Summary
  • Grayscale’s ETHE, ETH, and GSOL ETPs will start offering staking rewards
  • The move will enable users to gain passive yield on their holdings
  • Regulatory clarity enabled staking ETFs, but it introduces new risks

A major investment manager made a move that could fundamentally change how crypto ETFs work. On Monday, Oct. 6, Grayscale added staking capabilities to its Ethereum and Solana products. Specifically, this includes the Grayscale Ethereum Trust ETF, the Ethereum Mini Trust ETF, and the Grayscale Solana Trust.

Notably, the Grayscale Solana Trust now offers investors one of the only ways to access Solana (SOL) staking through the traditional market. What’s more, pending GSOL’s approval as an ETP, it is likely to become the first to offer Solana staking rewards.

Grayscale offers Solana and Ethereum staking

Exchange-traded products offer traditional investors a safe and regulated way to hold digital assets. Still, combining these products with staking rewards has raised regulatory questions, some of which remain unresolved.

Specifically, reports suggest that the U.S. Securities and Exchange Commission remains cautious when it comes to staking ETFs. Despite an overall pro-crypto stance, in several cases the agency has delayed approval of such products.

According to Grayscale, ETFs with staking rewards give investors both exposure to the underlying asset and passive income. For Grayscale, digital assets are its primary focus, with the firm holding approximately $35 billion in assets under management.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.