Grayscale plans to amend trust agreements for its Ether and Solana staking ETPs by August 7, enabling regular quarterly cash distributions from staking rewards. This aims to make staking yields more accessible to traditional investors while maintaining IRS tax compliance.
Grayscale plans to amend its Ethereum and Solana Staking ETF trust agreements to convert staking rewards into cash payouts at least quarterly, starting around August 7. This move aims to provide investors with a clearer, comparable measure of fund performance and aligns with IRS guidelines for grantor trusts.
Dartmouth College's $9B endowment disclosed $14.5M in crypto ETFs (Bitwise Solana, Grayscale Ethereum, BlackRock Bitcoin) in a recent SEC filing, adjusting its crypto exposure since January.
Anchorage Digital has integrated Marinade Finance into its platform, enabling institutional clients to stake Solana tokens through automated validator strategies while maintaining custody. The integration offers two strategies: one allocating across roughly 30 KYC-verified validators for compliance-focused use cases including ETFs, and another dynamically distributing stake across hundreds of validators to optimize yield. Available through Anchorage's platform and Porto self-custody wallet, the setup separates staking delegation from withdrawal control.
