Grayscale Distributes $0.08 Rewards to Ethereum ETF Shareholders, a First for U.S. Crypto ETPs
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- First Reward Distribution: On Monday, Grayscale distributed approximately $0.08 per share in cash rewards to its Ethereum ETF shareholders, marking the first time a U.S.-listed spot crypto exchange-traded product has issued payouts tied to on-chain staking activity, representing a significant milestone for the industry.
- Staking Activation: Grayscale activated staking for its Ethereum products on October 6 through institutional custodians and third-party validators, making the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF the first U.S.-listed spot crypto ETPs with exposure to Ether staking, enhancing their investment appeal.
- Asset Management Scale: Grayscale currently manages approximately $31 billion in assets, and its Ethereum ETF gained about 2% in early trading on Monday, reflecting positive market sentiment towards its staking distribution and reinforcing its leadership position in crypto investment products.
- Increased Market Competition: With several asset managers, including Fidelity and 21Shares, filing for regulatory approval to add staking features to their spot Ether ETFs, Grayscale's innovative move may intensify competition in the industry, attracting more investors to crypto staking investments.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






