Grayscale Announces Major Ethereum (ETH) and Solana (SOL) Launches in the US!

Crypto asset manager Grayscale has launched the first US-based spot Ethereum ($ETH) ETPs with staking.

Grayscale announced that it has enabled staking for its spot Ethereum ETPs, Grayscale Ethereum Mini Trust ($ETH) and Grayscale Ethereum Trust (ETHE).

Grayscale added that these are the first ETPs in the US to support staking.

The company added that its Solana ($SOL) trust product, GSOL, has also begun supporting staking. The company announced that Grayscale Solana Trust (OTCQX:GSOL) has enabled staking, offering investors one of the only ways to access $SOL staking through a traditional brokerage account.

Grayscale stated that if GSOL receives regulatory approval for listing, it will be one of the first spot Solana ETPs to offer staking functionality.

Grayscale Investments, the world's largest digital asset-focused investment platform, announced a significant industry first today:

Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF ($ETH) have become the first US-listed spot crypto ETPs to enable staking.

Additionally, Grayscale Solana Trust (GSOL), pending regulatory approval to list as an exchange-traded product, is expected to be one of the first exchange-traded spot Solana ETPs to enable staking.

“Staking in our spot Ethereum and Solana funds is exactly the pioneering innovation Grayscale was designed to deliver,” said Grayscale CEO Peter Mintzberg.

Experts say Grayscale's staking-included ETPs have opened the door for Wall Street to access returns previously unavailable.

*This is not investment advice.