Grayscale has started the distribution of staking rewards for a US-listed Ethereum ETF, passing network generated income directly to its investors.
Grayscale has started distributing staking rewards through its Ethereum exchange-traded product, marking a first for a US-listed Ethereum ETP. The ETF stakes a portion of its Ethereum holdings and distributes the resulting rewards to shareholders Grayscale said its Grayscale Ethereum Staking ETF, trading under the ticker ETHE, has begun passing on Ethereum staking rewards to investors. The move makes ETHE the first US Ethereum ETP to distribute income generated from staking activ