Catenaa, Wednesday, October 08, 2025-Grayscale has become the first US asset manager to enable staking for its spot Ethereum exchange-traded funds, marking a significant milestone for crypto-based investment products.
The move allows investors to earn staking rewards through Grayscale’s Ethereum Trust ETF (ETHE) and Ethereum Mini Trust ETF (ETH).
The firm also activated staking for its Solana Trust (GSOL), a closed-end fund awaiting approval to convert into a spot ETF. Once approved, it could become one of the first Solana-based ETFs offering staking rewards.
By staking portions of its Ethereum and Solana holdings through institutional custodians and validator partners, Grayscale aims to generate passive income for investors while enhancing network security.
CEO Peter Mintzberg said the decision aligns with Grayscale’s mission to lead digital asset innovation and expand value opportunities for clients.
The introduction of staking makes Grayscale’s Ethereum ETFs the first US-listed spot crypto funds under the Securities Act of 1933 to incorporate the feature.
It follows earlier attempts by firms such as REX-Osprey, which launched a Solana ETF with staking under a different regulatory pathway.
Several issuers, including VanEck, Franklin Templeton, Fidelity, Invesco, and Bitwise, have also filed for spot Solana ETFs, with approvals expected once the US government shutdown concludes.
