Grayscale has declared a staking rewards distribution for its Ethereum Staking exchange-traded fund (ETF), the first time a US-listed spot crypto exchange-traded product (ETP) has scheduled a payout tied to onchain staking activity. Grayscale Ethereum Trust ETF (ETHE) shareholders will receive about $0.08 per share from proceeds of the sale of staking rewards, with the payout scheduled for Tuesday based on holdings recorded at market close on Monday. Grayscale activated staking for its Ethereum products on Oct. 6, with staking conducted through institutional custodians and third-party validator providers. The move ... (full story)