Grayscale Launches Ethereum ETF with Staking Rewards for Investors

Grayscale's Ethereum ETF is now providing staking rewards, a historic first for U.S. spot crypto products. Investors can benefit from protocol-level income.

Grayscale Investments has made a significant move by initiating staking rewards for its Ethereum ETF. This development marks a pivotal moment as it becomes the first instance of a U.S. spot cryptocurrency product offering protocol-level income to its investors.

Investors can now take advantage of this unique opportunity, gaining returns from staking, which adds an extra layer of value to their investment in the Ethereum ETF. The ability to earn staking rewards not only enhances the appeal of the fund but also reflects the evolving landscape of cryptocurrency investment products in the United States.