Investors Can Now Earn Staking Rewards Through Grayscale’s Ethereum and Solana Funds
Grayscale is now offering a way for investors to earn passive income on their crypto holdings through its fund products. The asset manager has enabled staking for its spot Ethereum ETFs and its Solana Trust, allowing shareholders to earn additional yields on top of any potential price appreciation.
This feature, a first for US1-listed spot crypto ETPs, means investors in the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF can benefit from the Ethereum network’s rewards.
Grayscale will manage all staking operations through its custodians, providing a hands-off way for investors to participate. “We believe our trusted and scaled platform uniquely positions us to turn new opportunities like staking into tangible value potential for investors,” said Grayscale CEO Peter Mintzberg.
