Grayscale Enables Staking For First US Spot Crypto ETPs

Crypto asset manager Grayscale has introduced staking for its exchange-traded products (ETPs), becoming the first US-based crypto fund issuer to offer staking-based passive income opportunities.

Grayscale said Monday its Ether (ETH) ETFs — the Grayscale Ethereum Mini Trust ETF (ETH) and Grayscale Ethereum Trust ETF (ETHE) — are now the first US-listed spot crypto funds to offer staking, calling the development “another first-mover milestone.”

Grayscale’s Solana (SOL) fund, the Grayscale Solana Trust (GSOL), has also enabled staking and is…