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Grayscale Enables Staking for Ethereum ETF Holdings

Grayscale's $1.6 billion Ethereum fund will now default to staking its holdings under an updated trust agreement.

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Grayscale has modified its trust agreement to make staking the default setting for its Ethereum ETF, potentially unlocking roughly 161,000 idle ETH for yield generation. The change means the fund will stake nearly all of its holdings in the cryptocurrency, rather than holding them passively.

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Site call on Ethereum Buy score 56.7

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