Grayscale is now the first company in the U.S. to offer staking rewards through listed crypto ETFs.
- Staking now available in Grayscale’s Ethereum and Solana funds
- Investors can earn rewards without holding crypto themselves
- GSOL could be the first Solana staking ETP if approved
Grayscale Launches Staking ETFs
Grayscale has added staking to three of its main crypto exchange-traded products (ETPs). These include the Grayscale Ethereum Trust ETF (ETHE), Ethereum Mini Trust ETF (ETH), and Grayscale Solana Trust (GSOL). This move makes Grayscale the first U.S. firm to offer staking in listed crypto ETFs.\n
What Is Staking?
Staking is how some blockchains, like Ethereum and Solana, stay secure. When users stake their crypto, they help verify transactions on the network. In return, they earn rewards. This process supports what’s called a proof-of-stake system.
How It Works for Investors
Grayscale says investors don’t need to manage or hold the actual crypto to earn rewards. Instead, the company will stake the assets passively through trusted partners. This setup lets people earn staking rewards while still investing through familiar financial tools.\n
Fund Details and Market Impact
Grayscale’s Ethereum Trust (ETHE) has about $4.82 billion in assets. Its Ethereum Mini Trust holds $3.31 billion. The Solana Trust (GSOL) manages $122.5 million. All three now include staking features. GSOL currently trades over-the-counter but may soon be listed, depending on fund approval. If that happens, it could become the first listed Solana ETP with staking.\n\n
Source: coindesk.com
