Overview
- Grayscale’s Ethereum Staking ETP (ETHE) distributed $0.083178 per share from rewards earned Oct. 6–Dec. 31, 2025, payable Jan. 6 based on a Jan. 5 record date.
- The fund sold accrued staking rewards and paid shareholders in U.S. dollars rather than distributing ETH directly.
- ETHE and its companion Mini product were rebranded in January to reflect staking capability after Grayscale activated Ethereum staking in October 2025.
- ETHE operates as a 1933 Act exchange‑traded product outside the Investment Company Act of 1940, with disclosures highlighting lock‑up, unstaking delays, validator risks and potential slashing.
- The payout sets a precedent for yield‑bearing crypto ETPs as issuers including BlackRock, Fidelity, 21Shares and others advance staking features, with Ethereum products seeing renewed inflows.