Grayscale Enables Staking for Ethereum and Solana ETFs in the US
- Grayscale Enables Staking on Ethereum and Solana ETFs
- Investors earn additional income with ETH and SOL
- First Spot ETFs with Staking Under the 1933 Act
Crypto asset manager Grayscale announced the activation of staking for its spot Ethereum ETFs in the United States, becoming the first issuer in the country to incorporate this functionality into products listed under the Securities Act of 1933. This new feature allows investors to earn additional returns on their holdings of ETH and SOL.
Benefiting products include the Grayscale Ethereum Trust ETF (ETHE) and the Ethereum Mini Trust ETF (ETH). In official statement , the company stated that both "became the first US-listed spot cryptocurrency ETPs to allow staking." The asset manager also extended the functionality to the Grayscale Solana Trust (GSOL) — a closed-end vehicle that offers exposure to Solana (SOL) and is awaiting regulatory approval to be converted into an ETF.
With the new model, Grayscale will begin staking a portion of its fund assets, allowing investors direct exposure to the rewards generated by the Ethereum and Solana networks. The process will be conducted passively, through institutional custodians and partner validators, with the goal of contributing to the security and long-term stability of these blockchains.
The company's CEO, Peter Mintzberg, highlighted the innovative nature of the measure.
“Staking our Ethereum and Solana spot funds is exactly the kind of pioneering innovation Grayscale was built to deliver,”
signed. He added that, as the world's largest issuer of digital asset ETFs by value under management (AUM), the company is "uniquely positioned to transform new opportunities, such as staking, into tangible value for investors."
Grayscale has also signaled plans to expand staking to other products as the digital asset ecosystem matures and regulations become clearer.
With this initiative, Grayscale's ETFs become the first spot Ethereum products in the US to incorporate staking under the 1933 Act. GSOL, in turn, could be the first Solana ETF to follow suit, pending SEC approval. In addition to Grayscale, other asset managers such as VanEck, Fidelity, Franklin Templeton, and Bitwise are also awaiting approval to launch their own spot Solana ETFs in the US market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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