Spot Ethereum ETPs With Staking Launched by Grayscale
Grayscale Debuts US Spot Ethereum ETPs With Staking
Crypto asset manager Grayscale has launched the first US-based spot Ethereum exchange-traded products (ETPs) with staking capabilities. The new offerings—Grayscale Ethereum Mini Trust (ETH) and Grayscale Ethereum Trust (ETHE)—now permit investors to earn staking rewards while holding the funds, according to the company’s recent announcement. These spot Ethereum ETPs with staking are the first such products available in the US market.
Expansion to Solana Staking Products
In addition to its Ethereum ETPs, Grayscale revealed similar developments for its Solana (SOL) trust. The Grayscale Solana Trust (GSOL) has now enabled staking, allowing investors exposure to Solana staking rewards through a regulated investment vehicle. Grayscale highlighted that this move offers one of the only accessible routes to SOL staking via traditional brokerage accounts. If the GSOL product receives regulatory approval for listing, it will become one of the first spot Solana ETPs in the US to offer staking capabilities.
Background and Market Reaction
Staking has become a pivotal function in many blockchain networks, allowing participants to earn rewards for helping secure the network. By including staking in spot Ethereum ETPs and trust products, Grayscale has aimed to broaden the appeal of these digital asset funds for both institutional and retail investors. The company’s CEO, Peter Mintzberg, stated, “Staking in our spot Ethereum and Solana funds is exactly the pioneering innovation Grayscale was designed to deliver,” as quoted by Cryptonews.net. Industry analysts believe that staking-enabled ETPs may provide Wall Street firms new ways to access crypto staking yields within regulatory frameworks.
What’s Next for Grayscale’s Staking ETPs
With this launch, Grayscale’s spot Ethereum ETPs with staking functionality now offer US investors additional methods to engage with Ethereum and Solana staking through compliant and well-known financial instruments. The company awaits regulatory approval for listing GSOL as a formal spot Solana ETP. If approved, it would mark another significant milestone in merging digital asset features with traditional investment products.
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Sources
Reporting via Cryptonews.net.