Grayscale’s Staking Shift: What This Means for You and Startups
Wow, guys! Grayscale just flipped the script on crypto with their new staking offerings for Ethereum and Solana. It’s a first for U.S.-listed spot funds to offer staking rewards. But is this all sweetness and light, or are there some dark clouds lurking?
Grayscale’s Staking Game Changer
What’s the deal? Grayscale is now incorporating staking into their ETFs. Yeah, you heard that right. They’ve taken the lead and it may be a game changer for institutional investing in crypto. For those who are in the know, they’re allowing investors to earn yield either through automatic reinvestment or cash payouts. You can’t deny, this is pretty innovative stuff for a wall street firm.
Peter Mintzberg, their CEO, couldn’t help but brag about it,…