Grayscale Investments, the world’s largest digital asset manager, has announced the launch of its first publicly traded staking Exchange-Traded Products (ETPs) for Ethereum (ETH) and Solana (SOL). The move marks a major step toward bridging on-chain staking yields with traditional investment markets, giving both retail and institutional investors exposure to staking rewards through regulated financial instruments.
Grayscale’s Ethereum and Solana Staking ETPs: A New Milestone for Digital Assets
The newly launched Grayscale Ethereum Staking ETP (ticker: ETHS) and Grayscale Solana Staking ETP (ticker: SOLS) will trade on major European exchanges, including Deutsche Börse Xetra and Euronext Amsterdam.
Both products are designed to track the price performance of their respective underlying assets while distributing staking rewards directly to investors in a transparent, regulated structure.
How the Grayscale Staking ETPs Work
Unlike traditional crypto funds, the Grayscale Staking ETPs actively participate in proof-of-stake (PoS) validation, where network participants earn rewards for securing the blockchain.
The ETHS and SOLS products allow investors to gain:
- Price exposure to Ethereum or Solana.
- Staking yield participation, generated directly from network rewards.
- Transparent, regulated investment access without needing to self-custody or run validator nodes.
Grayscale has partnered with licensed custodians and staking providers to manage the staking infrastructure, ensuring security, transparency, and compliance with European financial regulations.
The company confirmed that staking rewards after management fees will be automatically reinvested or distributed to ETP holders, depending on regulatory jurisdiction.
Institutional and Retail Demand Driving Expansion
The introduction of these staking ETPs for Ethereum and Solana comes amid surging demand from institutional investors seeking yield-bearing digital asset products that align with regulatory frameworks.
Ethereum’s proof-of-stake transition in 2022 and Solana’s high-throughput staking model have made both blockchains key players in the staking economy, which currently exceeds $140 billion in total value staked globally.
By creating publicly traded staking vehicles, Grayscale is catering to investors who want exposure to blockchain yield generation without the technical risks or operational complexities of on-chain participation.
Analysts believe these products will attract pension funds, wealth managers, and family offices, particularly in Europe, where crypto ETP adoption is accelerating.
Grayscale’s Push Toward Regulated Staking Markets
This launch represents part of Grayscale’s broader strategy to diversify beyond spot and futures-based products. The firm has been actively engaging with regulators in both the U.S. and Europe to bring more compliant yield-bearing crypto instruments to market.
Grayscale’s move comes at a time when competitors like VanEck, 21Shares, and WisdomTree are also expanding their staking ETP offerings, signaling growing institutional confidence in on-chain yield mechanisms.
The firm’s track record with products like the Grayscale Bitcoin Trust (GBTC) and Ethereum Trust (ETHE) has positioned it as a leader in connecting digital assets with traditional finance (TradFi).
Market Implications: The Rise of Staking in Public Markets
With these launches, Grayscale becomes the first major asset manager to offer publicly traded ETPs with built-in staking rewards, a potential turning point in how proof-of-stake economics integrate with mainstream finance.
Experts predict these products could drive billions in inflows as investors seek yield diversification amid interest rate volatility and rising demand for blockchain-native income streams.
By legitimizing staking as a regulated financial instrument, Grayscale is effectively setting the stage for broader acceptance of tokenized yield-bearing assets across global markets.
FAQs
Q1: What are Grayscale’s new staking ETPs?
Grayscale launched Ethereum (ETHS) and Solana (SOLS) staking ETPs, allowing investors to earn on-chain rewards through regulated public markets.
Q2: Where are these ETPs listed?
They will trade on Deutsche Börse Xetra and Euronext Amsterdam, providing broad accessibility to European investors.
Q3: How do investors earn staking rewards?
The ETPs participate in proof-of-stake validation, and rewards are distributed or reinvested on behalf of investors.
Q4: Why is this launch significant?
It’s the first publicly traded staking ETP from a major asset manager, bridging on-chain yield and traditional finance.
Q5: Which investors benefit most from these products?
Institutions and long-term investors seeking regulated crypto yield exposure without managing staking infrastructure directly.
