NYSE proposes staking in Ethereum Grayscale ETF, potentially impacting the digital currency ETF industry.
The New York Stock Exchange (NYSE) has proposed enabling staking in the Ethereum Trust of Grayscale, an exchange-traded fund (ETF) company. If approved, the Ethereum Grayscale ETF can benefit from staking capabilities, and its holders can receive staking rewards. This move could have a significant impact on the industry of digital currency-based ETFs and open up a new path for institutional investors in the Ethereum sector. It is still unclear when this proposal will be approved or rejected, but regulatory authorities have started evaluating it.