{"id":10917,"date":"2026-07-19T17:47:48","date_gmt":"2026-07-19T17:47:48","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10917"},"modified":"2026-07-19T17:47:48","modified_gmt":"2026-07-19T17:47:48","slug":"grayscale-is-setting-up-a-quarterly-cash-showdown-between-ethereum-and-solana-staking","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10917","title":{"rendered":"Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Grayscale wants to turn staking rewards from its Ethereum and Solana funds into cash payouts at least once a quarter, starting around Aug. 7. That would give investors a straightforward way to compare what each fund actually delivers.<\/p>\n<p>In July 17 SEC filings for the Grayscale Ethereum Staking ETF and Grayscale Solana Staking ETF, the asset manager said it intends to amend both trust agreements. If executed, each trust would convert the ETH or SOL received as staking rewards into cash at least quarterly, and promptly distribute the proceeds after expenses not covered by the sponsor.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/grayscale-ethereum-staking--1024x538.jpg\" alt=\"Grayscale enables staking in its Ethereum ETFs \u2013 how will this impact market?\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/grayscale-ethereum-staking--1024x538.jpg\" alt=\"Grayscale enables staking in its Ethereum ETFs \u2013 how will this impact market?\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Grayscale enables staking in its Ethereum ETFs \u2013 how will this impact market?<\/h3>\n<p>Grayscale&#8217;s innovative move may reduce fees and boost Ethereum ETF market competitiveness.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Oct 6, 2025<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Oluwapelumi Adejumo<\/span><\/p>\n<\/div><\/div>\n<p>That requirement sets a minimum, not a fixed payment date or return. Grayscale could distribute more frequently, with each payout depending on the staking rewards actually received during the period. The filings say those amounts cannot be predicted with certainty, so the regularity applies to the process rather than the outcome.<\/p>\n<h2>From one payout to a comparable cadence<\/h2>\n<p>The proposed structure would make recurring a cash-distribution mechanism ETHE used earlier this year. On Jan. 6, the fund paid about $0.083 per share, or $9.39 million in total, from staking rewards earned between Oct. 6 and Dec. 31, 2025, and sold for cash, according to CryptoSlate&#8217;s January coverage.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/blackrock-ethereum-staking-1024x538.jpg\" alt=\"BlackRock's new product just made Ethereum income impossible to ignore\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/blackrock-ethereum-staking-1024x538.jpg\" alt=\"BlackRock's new product just made Ethereum income impossible to ignore\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">BlackRock&#8217;s new product just made Ethereum income impossible to ignore<\/h3>\n<p>BlackRock may have just reopened the case for earning yield in crypto, reframing ETH as yield plus price exposure.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Mar 13, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Gino Matos<\/span><\/p>\n<\/div><\/div>\n<p>That January distribution showed staking rewards converted into cash for shareholders. Adding GSOL and a minimum schedule would create a like-for-like basis for comparing actual net cash payouts, disclosed expense drag and timing across Ethereum and Solana, rather than judging the structure from a single ETHE event.<\/p>\n<div id=\"cs-inline-newsletter-6a5d02d86c79f\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ethereum-solana-1024x576.jpg\" alt=\"Morgan Stanley\u2019s proposed 0.14% ETH and SOL fees could turn the next crypto ETF race into a price fight\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ethereum-solana-1024x576.jpg\" alt=\"Morgan Stanley\u2019s proposed 0.14% ETH and SOL fees could turn the next crypto ETF race into a price fight\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Morgan Stanley\u2019s proposed 0.14% ETH and SOL fees could turn the next crypto ETF race into a price fight<\/h3>\n<p>Morgan Stanley\u2019s proposed 0.14% ETH and SOL fees raise pressure on rivals as advisors weigh staking-adjusted crypto exposure.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Jun 21, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Gino Matos<\/span><\/p>\n<\/div><\/div>\n<p>The design also reflects the IRS framework for staking inside qualifying grantor trusts. Revenue Procedure 2025-31 allows a compliant trust to distribute net staking rewards consistently either in kind or after a cash sale no less frequently than quarterly. Grayscale&#8217;s proposed agreements specifically choose cash, requiring the trusts to sell the native-asset rewards before passing the net proceeds to shareholders.<\/p>\n<p>Cash distribution does not defer all tax consequences until payment. Assuming grantor-trust treatment, the ETHE and GSOL disclosures say U.S. holders would recognize their pro rata share of staking rewards as taxable income when the trust receives them, regardless of when cash is later distributed. Selling ETH or SOL to fund the payout can also produce a pro rata capital gain or loss.<\/p>\n<p>The investor gain is comparability: a recurring cash record across two assets. The remaining tradeoffs are the variable rewards, expenses, conversion and holder-specific tax consequences behind each payment.<\/p>\n<\/div>\n<p>ETF,Featured,Investments,Staking,TradFi,ETH,ethereum,Grayscale Ethereum Staking ETF,SOL,SolanaETF,ETH,ethereum,Grayscale Ethereum Staking ETF,SOL,Solana#Grayscale #setting #quarterly #cash #showdown #Ethereum #Solana #staking1784483268<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale wants to turn staking rewards from its Ethereum and Solana funds into cash payouts at least once a quarter, starting around Aug. 7. That would give investors a straightforward way to compare what each fund actually delivers. In July 17 SEC filings for the Grayscale Ethereum Staking ETF and Grayscale Solana Staking ETF, the<\/p>\n","protected":false},"author":1,"featured_media":10918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[109,231,601,31,563,1093,3479,4140,1271,5043,152,168],"class_list":["post-10917","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-cash","tag-etf","tag-eth","tag-ethereum","tag-grayscale","tag-grayscale-ethereum-staking-etf","tag-quarterly","tag-setting","tag-showdown","tag-sol","tag-solana","tag-staking"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Grayscale staking proposal sets quarterly cash payouts for Ethereum and Solana trusts without fixing rewards or yield.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=10917\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking\" \/>\n<meta property=\"og:description\" content=\"Grayscale staking proposal sets quarterly cash payouts for Ethereum and Solana trusts without fixing rewards or yield.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=10917\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-19T17:47:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/grayscale-august-7-staking-payouts-purple-teal.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10917\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=10917\",\"name\":\"Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10917#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10917#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/grayscale-august-7-staking-payouts-purple-teal.jpg\",\"datePublished\":\"2026-07-19T17:47:48+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Grayscale staking proposal sets quarterly cash payouts for Ethereum and Solana trusts without fixing rewards or yield.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10917#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=10917\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10917#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/grayscale-august-7-staking-payouts-purple-teal.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/grayscale-august-7-staking-payouts-purple-teal.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10917#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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