Grayscale launches the first spot crypto ETP with staking features in the US, initially supporting Ethereum and Solana products

ChainCatcher news, one of the world's largest digital asset investment platforms, Grayscale Investments, announced that its Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) have become the first listed spot crypto ETPs in the United States to support staking functionality. Additionally, the Grayscale Solana Trust (GSOL) has also activated staking.

By introducing staking in its Ethereum and Solana products, Grayscale aims to provide investors with opportunities to capture long-term value appreciation and returns from these networks. Grayscale CEO Peter Mintzberg stated that this reflects the company's "first-mover innovation" and emphasized that its platform is uniquely positioned to convert new opportunities like staking into investor value. After receiving regulatory approval to upgrade to exchange-traded products, GSOL is also expected to become one of the first spot Solana ETPs to support staking.