Grayscale Distributes ETH Staking Rewards to ETF Holders

Grayscale paid out its first ETH staking rewards to ETF investors, setting a precedent for yield-bearing spot crypto funds.

Posted January 6, 2026 at 11:30 am EST.

The Grayscale Ethereum Staking ETF (ETHE) has declared its first staking payout, distributing proceeds from ether staking rewards to shareholders.

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Shareholders will receive $0.083178 per share on Jan. 6, based on holdings the day prior. The payment covers rewards earned from Oct. 6 to Dec. 31, 2025, and is the first distribution of its kind from a spot crypto ETF issuer.

“Distributing staking rewards to ETHE shareholders is a landmark moment, not just for Grayscale, but for the entire Ethereum community and ETPs at large,” said Grayscale CEO Peter Mintzberg.

Grayscale activated staking for ETHE and its Mini ETF (ETH) in October 2025, using institutional custodians and validators. The funds operate outside the Investment Company Act of 1940, enabling this feature unlike traditional ETFs.