Asset manager Grayscale plans to introduce staking to its spot Ether ETFs but says it will not guarantee or promote any specific level of returns to investors.
The New York Stock Exchange (NYSE) has filed with the US regulator on behalf of asset manager Grayscale, seeking approval to introduce staking in its spot Ethereum exchange-traded funds (ETFs).
If approved, Grayscale will be permitted to stake Ether (ETH) within the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH), as per a Feb. 14 filing with the US Securities and Exchange Commission (SEC).
It said Grayscale would earn staking rewards from any staking activity the funds engage in, which would be considered income for the funds.
