advertisement

Grayscale Debuts First US Spot ETFs With Ethereum and Solana Staking

FINRA | NOD | Grayscale | Ethereum Trust | Cryptocurrency

Grayscale has made a breakthrough in the U.S. crypto market by launching the first spot crypto ETFs to support staking for Ethereum and Solana — a move that could reshape institutional exposure to blockchain networks. The new products — Ethereum Mini Trust ETF ($ETH), Ethereum Trust ETF ($ETHE), and Solana Trust ($GSOL) — will allow staking following SEC approval, arriving as digital asset inflows hit a record $5.95 billion in a week.

With $35 billion in assets under management, Grayscale says its ETH and SOL funds are well-positioned to turn staking into added value for investors. “Staking in our spot Ethereum and Solana funds is exactly the kind of first-mover innovation Grayscale was built to deliver,” said CEO Peter Mintzberg.

The company will stake passively through institutional partners, enhancing yields and supporting blockchain security while maintaining the ETFs’ core exposure — spot Ether for ETH and ETHE, and spot Solana for GSOL.

The SEC’s approval signals a shift in regulatory sentiment toward more advanced crypto products. Alongside staking, Grayscale recently launched the Ethereum Covered Call ETF (ETCO), targeting income through options, while the Digital Large Cap Fund (GDLC) now provides exposure to five major cryptocurrencies.

Grayscale is also pursuing new spot ETFs for Polkadot, Cardano, and Dogecoin, underscoring its push to expand regulated crypto investment products as institutional demand accelerates.

Image Credit: Pixabay

Get Latest Cryptocurrency And Bitcoin News

Signup this form below to get latest Cryptocurrency and Bitcoin news, directly in your mailbox

Note:

Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.