Grayscale Distributes Staking Rewards to Ethereum ETF Investors
According to reports, Grayscale, a crypto asset manager, has started distributing staking rewards to investors in its Ethereum staking exchange-traded fund. This development marks a significant moment for investors in the fund, as they will now receive rewards generated from staking their Ethereum holdings. The distribution of staking rewards could enhance the attractiveness of Grayscale's Ethereum ETF, potentially drawing more investors seeking to benefit from staking yields within a traditional investment vehicle. This move signals growing integration of staking mechanisms within established financial products.
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