Grayscale Launches First US Ethereum ETFs with Staking

Reading time: < 1 minute

Crypto asset manager Grayscale has rolled out staking for its US spot Ethereum ETFs, making them the first such products to offer the yield-generating feature.

The firm’s Ethereum Trust ETF and Ethereum Mini Trust ETF will now allow investors to earn rewards on their holdings. In a related move, Grayscale also activated staking for its Solana Trust (GSOL).

The company stated it will stake assets passively through institutional partners to support network security while creating value for investors.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.