The New York Stock Exchange (NYSE) has submitted a proposed rule change aimed at allowing the Grayscale Ethereum Trust (ETHE) and the Grayscale Ethereum Mini Trust (EZET) to stake their ETH holdings.
This proposal is particularly noteworthy because it seeks to enable the trusts to earn rewards on their staked ETH while ensuring that the assets remain under the custody of their current custodian.
Grayscale Advocates For Staking In Crypto ETFs
Staking, a process integral to Ethereum’s proof-of-stake (PoS) model, allows holders to earn yield on their assets. By staking through trusted providers, ETHE and EZET could potentially bolster their returns, making these investment vehicles more attractive to institutional investors who are increasingly seeking opportunities that offer staking benefits.
Unlike traditional staking-as-a-service models, which have drawn scrutiny from the Securities and Exchange Commission (SEC),…
