Reported 3 days ago
Grayscale has become the first company in the US to allow staking within its Ethereum ETFs, specifically the Ethereum Trust ETF and Ethereum Mini Trust ETF. This development enables investors to earn staking rewards for the first time, addressing a key barrier to Ethereum fund adoption since their launch in 2024. Staking, which is a less energy-intensive method of securing the blockchain, reflects Ethereum's transition to a proof-of-stake model. Grayscale's move aims to enhance its competitive positioning in the market against other major ETF providers like BlackRock.
Source: YAHOO