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0 0.00112803158488435 0.00225606316976871 0.00360970107163001 0.00507614213197969 0.00586576424139871 0.00648618161308528 0.00394811054709533
Stock impact report

Grayscale Ethereum ETFs Are First in US to Add Staking [Yahoo! Finance]

GRAYSCALE SOLANA TRUST (GSOL) 
US:NASDAQ Investor Relations: corporate.globalsources.com/irs/mgmteam.htm
Company Research Source: Yahoo! Finance
Grayscale has introduced this functionality to its Ethereum Trust ETF (ETHE), the second-largest such fund on Wall Street with assets of $4.82 billion, as well as its Ethereum Mini Trust ETF (ETH). The firm, which filed its staking addendum with the SEC on Monday , will rely on institutional custodians like Coinbase and a “diversified network of validator providers” to stake its Ethereum. Staking has also been activated within the Grayscale Solana Trust, which is awaiting regulatory approval to be turned into an ETF. The move is a significant development, given that institutional investors have only been able to capitalize on ETH's price gains until now. Ethereum made an ambitious upgrade to a proof-of-stake blockchain in 2022, meaning validators voluntarily lock ETH away and receive rewards for taking a role in securing the network. It's a much less energy-intensive approach than the previous proof-of-work consensus model, which Bitcoin and some other chains still use. Grays Show less Read more
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