coin-img-XRPXRP+3.55%coin-img-USDCUSDC+0.00%coin-img-BTCBTC+1.87%coin-img-ETHETH+1.19%coin-img-SOLSOL+0.29%coin-img-FLYAIFLYAI+0.00%coin-img-AAVEAAVE+6.18%coin-img-DOGEDOGE+1.89%coin-img-XRPXRP+3.55%coin-img-USDCUSDC+0.00%coin-img-BTCBTC+1.87%coin-img-ETHETH+1.19%coin-img-SOLSOL+0.29%coin-img-FLYAIFLYAI+0.00%coin-img-AAVEAAVE+6.18%coin-img-DOGEDOGE+1.89%coin-img-XRPXRP+3.55%coin-img-USDCUSDC+0.00%coin-img-BTCBTC+1.87%coin-img-ETHETH+1.19%coin-img-SOLSOL+0.29%coin-img-FLYAIFLYAI+0.00%coin-img-AAVEAAVE+6.18%coin-img-DOGEDOGE+1.89%coin-img-XRPXRP+3.55%coin-img-USDCUSDC+0.00%coin-img-BTCBTC+1.87%coin-img-ETHETH+1.19%coin-img-SOLSOL+0.29%coin-img-FLYAIFLYAI+0.00%coin-img-AAVEAAVE+6.18%coin-img-DOGEDOGE+1.89%

Grayscale to pay out cash from ETH and SOL staking rewards quarterly starting around Aug. 7

AI Market Summary
Grayscale plans quarterly cash distributions of staking rewards for its Ethereum and Solana ETFs starting around Aug. 7, converting on-chain rewards to cash before paying shareholders, subject to SEC approval. If approved, the structure could improve income transparency and comparability for staking-enabled ETFs and reduce operational ambiguity around staking proceeds and tax treatment under current IRS guidance, supporting broader institutional comfort with ETH and SOL ETF wrappers.
Impact level
● Medium
Affected assets
ETH/USDT+1.25%
AI Insight · ETH/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Grayscale plans to begin distributing cash from staking rewards in its Ethereum (ETH) and Solana (SOL) ETFs around Aug. 7, with payouts at least once per quarter. Under the proposal, on-chain staking rewards would be converted into cash before being distributed to shareholders. The structure is intended to make fund income more transparent and easier to compare across the two ETFs, and it remains subject to SEC approval.
ETH
ETH+1.19%
SOL
SOL+0.23%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.