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Grayscale’s Ethereum ETF On The Brink Of Major Change With NYSE’s Staking Proposal

  • The New York Stock Exchange (NYSE) has proposed a rule change that would allow the Grayscale Ethereum Trust (ETHE) and Grayscale Ethereum Mini Trust (EZET) to stake their ETH holdings.
  • This change would enable the trusts to earn rewards on their staked ETH while keeping the assets under the custody of their current custodian.
  • Grayscale's staking proposal aims to make the Ethereum investment vehicles more appealing to institutional investors seeking staking benefits and contribute to the security of the Ethereum network.
  • If approved, the proposal could enhance the appeal of ETHE and EZET, potentially reducing outflows and boosting their performance.

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