Grayscale Adds Staking to Ethereum and Solana Investment Products in U.S. First

CN
coindesk
Follow
5 hours ago


Grayscale has introduced staking to its ether and solana investment products, becoming the first firm to offer staking through U.S.-listed spot crypto exchange-traded products (ETPs).

The update applies to the Grayscale Ethereum Trust ETF (ETHE), Ethereum Mini Trust ETF (ETH), and Grayscale Solana Trust (GSOL), which were already available to investors.

Grayscale’s ETHE has an estimated $4.82 billion in net assets, while its mini trust has $3.31 billion. Its GSOL trust has $122.5 million in assets under management.

By adding staking, Grayscale gives investors a way to earn rewards from blockchain networks without directly holding or managing the underlying assets.

Staking is central to how proof-of-stake blockchains like Ethereum and Solana operate. Users who stake their funds help validate transactions and keep the network secure, and earn tokens in return.

Grayscale says it will stake assets passively through institutional custodians and a network of validator providers, aiming to maintain network support while meeting fund objectives. ETHE and ETH offer exposure to ether, while GSOL holds solana and is currently traded over-the-counter.

GSOL could become one of the first listed Solana ETPs with staking if approved for exchange trading, as the firm has filed to convert the fund.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink