A hidden “yield war” has begun in Ethereum ETFs, forcing issuers to finally pay you for holding
Grayscale has turned Ethereum’s staking yield into something ETF investors instantly recognize: a cash distribution. On Jan. 6, the Grayscale Ethereum Staking ETF (ETHE) paid around $0.083 per share, totaling $9.39 million, funded by staking rewards the fund earned on its ETH holdings and then sold for cash. The payout covered rewards generated from Oct. […] The post A hidden “yield war” has begun in Ethereum ETFs, forcing issuers to finally pay you for holding appeared first on CryptoSlate.
Grayscale has turned Ethereum’s staking yield into something ETF investors instantly recognize: a cash distribution. On Jan. 6, the Grayscale Ethereum Staking ETF (ETHE) paid around $0.083 per share, totaling $9.39 million, funded by staking rewards the fund earned on its ETH holdings and then sold for cash. The payout covered rewards generated from Oct. […]
The post A hidden “yield war” has begun in Ethereum ETFs, forcing issuers to finally pay you for holding appeared first on CryptoSlate.