Grayscale Payouts for Crypto ETFs | Bitcoin and Crypto News

Grayscale is shaking things up for crypto ETF investors by letting them cash in on staking rewards — no crypto wallet or validator management needed. Starting August 7th, holders of the Solana (GSOL) and Ethereum (ETHE) staking ETFs will receive regular cash payouts from staking earnings, turning complex crypto yields into simple dividends. With over $1.2 billion in Ethereum assets and $101 million in Solana, these funds could attract mainstream investors by eliminating technical hurdles. Grayscale also ensures compliance with IRS tax rules and will give investors 20 days’ notice before changes take effect, plus detailed payout info once finalized. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/15b78deeec2cb51b