Proof-of-stake Blockchains
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Grayscale Adds Staking to Ethereum and Solana Investment Products in U.S. First
Yahoo Financeยท 2025-10-06 11:34
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]