Grayscale ETFs to Pay Quarterly Cash From ETH and SOL Staking Rewards Starting Around Aug. 7

ETH1.54%
SOL1.31%
ETHE1.56%
According to a Grayscale SEC filing relayed by Wu Blockchain, the Grayscale Ethereum Mini Trust (ETHE) and Grayscale Solana Mini Trust (GSOL) seek to convert staking rewards into quarterly cash payouts starting around Aug. 7. GSOL currently stakes 100% of its SOL holdings, generating approximately 6.1% in gross annual staking rewards. The trusts would distribute net rewards at least quarterly after covering expenses. Grayscale also reduced GSOL's sponsor fee from 0.35% to 0.19% and its staking fee from 23% to 7%, effective June 25.
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GateUser-061a03a2vip
· 7h ago
Just go for it 👊
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GateUser-821fe9a3vip
· 7h ago
Get on board! 🚗
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