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News Explorer — Grayscale Ethereum Trust May Be Hindered by Lack of Staking

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Jun 21, 9:54 am

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Grayscale Ethereum Trust May Be Hindered by Lack of Staking

Grayscale's Ethereum Trust (ETHE) is facing limitations due to its inability to stake Ethereum and receive rewards. This puts ETHE shares at a disadvantage compared to direct investments in Ethereum or other vehicles not subject to this prohibition. Despite the successful Shanghai upgrade enabling staking withdrawals, ETHE investors are missing out on potential returns of 4-6% annually. Grayscale would need to amend its Trust agreement with the SEC and NYSE Arca would need to apply for an SEC rule change to allow staking.

Grayscale's Ethereum Trust (ETHE) is facing limitations due to its inability to stake Ethereum and receive rewards. This puts ETHE shares at a disadvantage compared to direct investments in Ethereum or other vehicles not subject to this prohibition. Despite the successful Shanghai upgrade enabling staking withdrawals, ETHE investors are missing out on potential returns of 4-6% annually. Grayscale would need to amend its Trust agreement with the SEC and NYSE Arca would need to apply for an SEC rule change to allow staking.

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