🚨 CMC News: Grayscale Launches First U.S. Staking Ethereum ETFshttps://t.co/HEcf2mJB8E ...

Product Innovation - Grayscale unveils the first U.S-listed spot crypto ETPs that allow staking for Ethereum and Solana [1] - The products include Ethereum Mini Trust ETF ($ETH), Ethereum Trust ETF ($ETHE), and Solana Trust ($GSOL), pending regulatory approval [1] - These ETPs provide investors exposure to ETH and SOL while earning staking rewards, a first for U.S spot crypto products [2] Strategic Initiative - Grayscale's initiative represents "first-mover innovation" and leverages the platform's $35 billion in assets under management [2] - Grayscale's staking ETPs aim to combine traditional brokerage access with exposure to long-term network growth [3] - Staking will be handled through institutional custodians and a network of validator providers, supporting network security and long-term resilience [2]

Grayscale(ETHE and ETH ETF) staked 32,000 $ETH($150.56M) today.https://t.co/OcQGQe8US6 https://t.co/lQLIWl8yQX ...

America Gets First Spot $ETH Staking ETFs https://t.co/SER6ZrPN8L ...

Grayscale Ethereum ETFs Are First in US to Add Staking► https://t.co/KNzrxR4Rbh https://t.co/KNzrxR4Rbh ...

Core Insights - U.S. investors can now receive staking rewards through Grayscale's Ethereum Trust ETF and Ethereum Mini Trust ETF, marking a significant development in the market [1][2] - Grayscale's Ethereum ETFs have been pivotal in the traditional financial market since their inception, with the firm converting its products into spot Ethereum ETFs after SEC approval [4][6] - The introduction of staking rewards is expected to enhance the attractiveness of Ethereum ETFs, which have lagged behind Bitcoin ETFs in terms of net assets [5][6] Group 1: Staking and ETF Developments - Grayscale has activated staking for its Ethereum Trust ETF (ETHE) and Ethereum Mini Trust ETF (ETH), allowing investors to earn rewards for the first time [1] - Staking has also been initiated in the Grayscale Solana Trust, which is pending regulatory approval for ETF conversion [2] - The absence of staking rewards has previously hindered the adoption of Ethereum funds since their launch in summer 2024 [4] Group 2: Market Performance and Growth - Ethereum's price has surged by 156% over the past six months, significantly outperforming Bitcoin's 50% gain, reaching an all-time high near $5,000 in September [6] - The total net assets in Bitcoin ETFs stand at $164.5 billion, while Ethereum ETFs have net assets of $30.5 billion, indicating a growing demand for Ethereum products [5] - Grayscale's CEO emphasized that staking represents a first-mover innovation that the company aims to leverage for investor value [6][7] Group 3: Competitive Landscape - Grayscale is the leading digital asset-focused ETF issuer by assets under management (AUM) and plans to expand staking to more products as the digital asset ecosystem evolves [7] - The introduction of staking rewards could help Grayscale compete more effectively with BlackRock, which currently dominates the Bitcoin and Ethereum ETF market [7]

Core Insights - Grayscale Investments has launched the first US-listed spot crypto exchange-traded products (ETPs) with staking, marking a significant advancement in the regulated digital asset market [1][2] - The new Ethereum Trust ETFs (ETHE, ETH) and Solana Trust (GSOL) allow investors to earn staking yields directly through traditional brokerage accounts [1][2] Product Features - The ETPs provide spot exposure to Ether and Solana while generating staking rewards through institutional custodians and validator providers [2] - Grayscale's CEO described the initiative as a "first mover innovation," highlighting the firm's position as the largest digital-asset ETF issuer with $35 billion in assets under management [2] Staking Mechanism - Grayscale will stake passively to enhance the security of Ethereum and Solana networks, allowing investors to earn long-term yield [3] - Staking rewards will be included in the funds' net asset value to maintain tax efficiency, rather than being distributed separately [3] Operational Details - Staking within an ETP differs from direct on-chain participation, as custodians delegate assets to professional validators, which adds rewards to the fund's net asset value [4] - Due to Ethereum's withdrawal delay, issuers typically stake only a portion of their holdings to maintain liquidity for redemptions, resulting in an effective yield near 2% for investors [4] Market Impact - If GSOL receives regulatory approval, it will become one of the first Solana spot ETPs with staking in the US market, potentially redefining access to yield-bearing digital assets [5] - Analysts noted that while Bitcoin ETFs provide only price exposure, staking-enabled Ether and Solana products offer a structural advantage as yield-bearing alternatives [5] Ethereum and Solana Insights - On-chain data shows a tightening of Ethereum's supply as staking participation increases, with nearly 36 million ETH (about 30% of total supply) locked in staking contracts, which supports price stability [6] - A report indicated a surge in smart contract activity and on-chain transactions, reinforcing Ethereum's role as a "reserve network" for decentralized finance and tokenized assets [7]

Grayscale enables staking for its spot Ethereum ETFs in the US https://t.co/qyJcMSIlys ...

Core Insights - Grayscale has launched staking for its ether and solana investment products, marking it as the first firm to offer staking through U.S.-listed spot crypto exchange-traded products (ETPs) [1][2] Group 1: Product Details - The staking update applies to Grayscale Ethereum Trust ETF (ETHE), Ethereum Mini Trust ETF (ETH), and Grayscale Solana Trust (GSOL), which were already available to investors [1] - ETHE has approximately $4.82 billion in net assets, the mini trust has $3.31 billion, and GSOL has $122.5 million in assets under management [2] Group 2: Staking Mechanism - Staking is essential for proof-of-stake blockchains like Ethereum and Solana, where users validate transactions and secure the network in exchange for tokens [3] - Grayscale will stake assets passively through institutional custodians and a network of validator providers, aiming to support the network while achieving fund objectives [3] Group 3: Future Prospects - GSOL could potentially become one of the first listed Solana ETPs with staking if approved for exchange trading, as Grayscale has filed to convert the fund [4]

💥BREAKING:Grayscale launched the first US spot crypto ETFs with staking, including Ethereum. https://t.co/UmMGqyWRMB ...