Grayscale's Ethereum ETF Begins Paying Staking Rewards

Grayscale has announced that its Ethereum ETF is now distributing staking rewards to investors. This marks a significant development as it allows ETF holders to benefit from Ethereum staking, which has gained popularity since the network's transition to a proof-of-stake model. The rewards will be paid out in ETH, enhancing the appeal of Grayscale's ETF amid increasing competition in the crypto investment space. This initiative reflects Grayscale's commitment to providing innovative investment products in the evolving cryptocurrency market.

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