Grayscale Ethereum Staking Mini ETF marks one year of staking payouts
- —Over $33.5 million in staking rewards distributed, with net rewards near $33.9 million
- —Gross staking yield of 2.67% against a 0.15% management fee
- —80.4% of fund assets staked; AUM stands at about $2.52 billion
- —Average daily trading volume of $5.5 million; rewards paid monthly
Why it matters: The fund shows staking can turn a spot Ether ETP into a yield-bearing product, potentially spurring similar offerings across the crypto ETP market.
Source: Crypto Briefing