U.S. Clears Way for Crypto ETPs to Earn Yield Without Tax Risk
The U.S. just made a big move to bring crypto and traditional finance closer together.
On November 10, 2025, the IRS and the Treasury Department announced new rules that let certain crypto exchange-traded products (ETPs) earn staking rewards without messing up their tax status for investors.
Treasury Secretary Scott Bessent jumped on X to say
“this policy gives crypto ETPs a straightforward way to stake digital assets and share those rewards with everyday investors”.
He said it brings more benefits to investors, pushes innovation forward, and helps the U.S. stay ahead in digital assets and blockchain tech.
That’s right in line with President Donald Trump’s usual promises to make America the top player in crypto.
What Has Changed
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