Ethereum News Today: Grayscale's Staking ETFs Bridge Traditional and Crypto Markets with Yield
Grayscale Investments has launched the first U.S.-listed spot crypto exchange-traded products (ETPs) to enable staking, marking a significant milestone in the digital asset investment landscape. The firm announced that its Grayscale EthereumETH-- Trust ETF (ETHE) and Ethereum Mini Trust ETF (ETH) now allow investors to earn staking rewards while maintaining direct exposure to Ether (ETH). Additionally, the Grayscale SolanaSOL-- Trust (GSOL) has activated staking, offering access to Solana (SOL) staking through traditional brokerage accounts. These products collectively manage $8.25 billion in assets under management (AUM), with ETHEETHE-- and ETH holding $4.82 billion and $3.31 billion, respectively[3].
The staking feature is a first-mover innovation for Grayscale, the world's largest digital asset-focused ETF issuer by AUM[1]. By leveraging institutional custodians and a diversified network of validator providers, the firm stakes assets passively to secure Ethereum and Solana networks while aligning with the funds' core objectives of providing spot exposure to the underlying assets[1]. Peter Mintzberg, Grayscale's CEO, emphasized that the integration of staking reflects the company's commitment to translating emerging opportunities in the crypto ecosystem into tangible value for investors[1].
Investors in ETHE, ETH, and GSOL can now benefit from yield generation without directly managing the staked assets. Staking rewards accrue within the funds' net asset value (NAV), enhancing tax efficiency and simplifying participation for traditional investors[5]. This approach differs from on-chain staking, where rewards are distributed directly to participants. Grayscale's method delegates assets to professional validators, such as Kiln and Figment, while maintaining liquidity for redemptions[5]. For Ethereum, effective yields are estimated near 2% due to withdrawal delays and liquidity management[5].
The launch of staking-enabled ETPs comes as institutional interest in crypto grows. On-chain data indicates that nearly 36 million ETH-about 30% of the total supply-is currently staked, reflecting confidence in the Ethereum network's long-term resilience[5]. Similarly, Solana's ecosystem has seen surging inflows, with over $2.5 billion in year-to-date net inflows into SOL-related products[4]. Analysts suggest that staking features could attract traditional investors seeking diversified income streams, particularly as Ethereum's yield potential (around 3%) and Solana's growing adoption create a structural advantage over non-yielding assets like Bitcoin[5].
Grayscale also prioritizes investor education, having released "Staking 101: Secure the Blockchain, Earn Rewards," a report explaining the mechanics and benefits of staking[1]. The firm plans to expand staking to additional products as the digital asset ecosystem evolves, reinforcing its focus on transparency and investor-first practices[1]. Regulatory approval for GSOL's uplisting as an ETP remains pending, which would position it as one of the first Solana-specific staking ETPs in the U.S. market[1].
The move underscores Grayscale's role in bridging traditional finance and crypto markets. With $35 billion in AUM as of September 2025, the firm's platform is uniquely positioned to scale innovations like staking, which combine the security of institutional-grade infrastructure with the accessibility of traditional brokerage accounts[1]. As the SEC continues to evaluate the broader regulatory framework for crypto ETFs, Grayscale's staking-enabled ETPs may serve as a model for integrating yield-bearing assets into mainstream portfolios[5].
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