Grayscale has launched the first batch of Spot encryption ETPs in the US with staking functionality, supporting Ether and Solana products.

PANews October 6 news, Grayscale Investments, one of the world's largest digital asset investment platforms, announced that its Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) have become the first listed spot encryption ETPs in the United States to support staking functionality. In addition, the Grayscale Solana Trust (GSOL) has also activated staking. By introducing staking into its Ethereum and Solana products, Grayscale aims to provide investors with opportunities to capture long-term value growth and returns from these networks. Grayscale CEO Peter Mintzberg stated that this reflects the company's "first-mover innovation" and emphasized that its platform has a unique positioning to convert new opportunities like staking into investor value. After obtaining regulatory approval to upgrade to exchange-traded products, GSOL is also expected to become one of the first spot Solana ETPs to support staking.