Grayscale to Pay Quarterly Cash From ETH and SOL Staking Rewards: A Look at The Mechanics

Grayscale plans to amend its Ethereum Staking ETF (ETHE) and Solana Staking ETF (GSOL) to convert staking rewards into cash and distribute them to shareholders at least quarterly. The proposed amendments, relayed by analyst Wu Blockchain, would require the trusts to pay out staking income as cash distributions to investors.