Grayscale Brings Cash Distributions to Ethereum and Solana ETFs

Grayscale is introducing quarterly cash distributions from staking rewards on its Ethereum and Solana exchange-traded funds (ETFs) marking a significant shift in crypto ETFs toward income-generating investment products.

The move, set to take effect around August 7, 2026 pending regulatory processes, reflects a broader trend among asset managers toward packaging cryptocurrency exposure with recurring income as competition intensifies beyond spot Bitcoin ETFs.

This is not an isolated incident; BlackRock took a similar step in June 2026 with the launch of its iShares Bitcoin Premium Income ETF (BITA) which seeks to generate monthly income by selling covered call options on Bitcoin holdings.