Overview
- Grayscale enabled staking on its U.S.-listed spot Ethereum ETFs, ETHE and the Ethereum Mini (ETH), and turned on staking for its Solana Trust (GSOL) on OTCQX.
- Investors can now earn ETH and SOL staking rewards delivered via institutional custodians and a network of validator partners through a passive, fund-managed process.
- Grayscale filed updated registration statements with the SEC for these vehicles, which are not governed by the Investment Company Act of 1940.
- The launch follows the SEC’s postponement of staking proposals from BlackRock, Fidelity and Franklin Templeton, positioning Grayscale as an early mover while broader rules remain unsettled.
- The firm, managing about $35 billion, reported ETHE holdings above 1 million ETH as of Oct. 3 and plans to expand staking and investor education, with any GSOL uplisting still pending approval.