Grayscale Launches Staking Rewards for ETH and SOL Investors

Grayscale has announced that it will start paying out staking rewards to investors in its various cryptocurrency trusts.

The decision follows a regulatory change in the US, which allows for the distribution of earnings from proof-of-stake (PoS) consensus mechanisms.

Grayscale's staking strategy is centered around Ethereum (ETH), with plans to expand to other PoS-based assets like Solana (SOL).

Investors can expect to receive payouts in the form of the underlying cryptocurrency, rather than fiat currency.