Grayscale Plans Quarterly Staking Reward Payouts for Ethereum and Solana ETFs

Grayscale is seeking to update the trust agreements for its Solana Staking ETF (GSOL) and Ethereum Staking ETF (ETHE). This step would allow staking proceeds from SOL and ETH to be converted to cash and paid to investors at least quarterly, after deducting applicable fees.

The proposed changes may take effect as soon as Aug. 7. Any future distributions would vary based on the amount of staking income generated, operating expenses, and relevant tax factors.

The planned amendments build on Grayscale’s earlier handling of ETHE staking income. Rewards accumulated between Oct. 6 and Dec. 31, 2025, were previously converted into cash, resulting in a distribution of roughly $9.39 million to shareholders, or about $0.083 per share.

Source: CryptoSlate