Grayscale has enabled staking on three of its crypto funds, marking the first time U.S.-listed spot crypto ETFs include the feature.
The update affects the Grayscale Ethereum Trust ETF (ETHE), Ethereum Mini Trust ETF and Grayscale Solana Trust (GSOL), which collectively manage $8.25 billion. Investors can now earn rewards from Ethereum and Solana without managing the underlying assets.
Staking supports blockchain security by locking up tokens, with participants earning rewards in return. Grayscale will handle the process through custodians and validator partners, offering a passive way to participate.
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