Grayscale’s Solana ETP Activates Staking Feature
Grayscale’s introduction of staking features for its Ethereum and Solana ETFs paves the way for U.S. investors to earn rewards while participating in blockchain network security, marking a significant advancement in crypto ETF adoption.
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Fact Check
Multiple recent sources from June to September 2025 confirm that Grayscale added a staking feature to its Solana ETF proposal. An official filing from August 2025 refers to the 'Trust's staked' Solana, and a September 2025 news report states the ETP 'now feature[s] staking options.' An older source from April 2025, which claimed staking would be excluded, appears to be outdated as later filings show this decision was reversed.
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Summary
Grayscale has launched staking rewards for its Ethereum Trust ETF (ETHE) and Solana Trust ETF (GSOL), making them the first U.S.-listed spot crypto ETFs to support staking. ETHE allocates 77% of rewards to investors, while ETH Mini offers 94%. The SEC’s new Generic Listing Standards enable these features without individual approvals, signaling growing institutional interest and competition among ETF issuers.
Terms & Concepts
- Ethereum Trust (ETHE): A Grayscale trust providing institutional and accredited investors exposure to Ethereum (ETH) through a regulated investment vehicle.
- Solana Trust (GSOL): A Grayscale trust offering exposure to Solana (SOL) in a regulated investment product.
- Staking: The process of locking cryptocurrency tokens to support blockchain operations, such as transaction validation, in return for rewards.