Grayscale launches staking for its Ethereum and Solana exchange-traded products, offering passive income opportunities to investors. The Grayscale Ethereum Mini Trust ETF and Grayscale Ethereum Trust ETF are the first US-listed spot crypto funds to enable staking. The Grayscale Solana Trust is also awaiting regulatory approval for uplisting to an ETP.

By introducing staking for Ethereum and Solana funds, Grayscale aims to provide investors with exposure to the long-term value accrual of these networks while maintaining the funds’ core objectives. Grayscale CEO Peter Mintzberg sees staking as a first mover innovation that can deliver tangible value potential to investors. ETHE and ETH are ETPs registered under the Investment Company Act of 1940, offering investors indirect exposure to digital assets.

Read more at Cointelegraph: Grayscale Enables Staking For First US Spot Crypto ETPs