Bitcoin

Grayscale to Pay Quarterly Cash From ETH and SOL Staking Rewards: A Look at The Mechanics

Grayscale plans to amend its Ethereum Staking exchange-traded fund (ETHE) and Solana Staking ETF (GSOL) to convert staking rewards into cash and distribute them to shareholders at least once a quarter. The Filing Onchain analyst Wu Blockchain relayed the update in a post on X, citing that the proposed amendments would require the trusts to…

Grayscale's logo on a phone screen.Grayscale plans to amend its Ethereum Staking exchange-traded fund (ETHE) and Solana Staking ETF (GSOL) to convert staking rewards into cash and distribute them to shareholders at least once a quarter. The Filing Onchain analyst Wu Blockchain relayed the update in a post on X, citing that the proposed amendments would require the trusts to […]

Source: https://news.bitcoin.com/grayscale-quarterly-cash-eth-sol-staking-rewards/