Grayscale prepares to stake Ether holdings amid shifting SEC stance — Arkham

Grayscale shifts 40,000 ETH as it eyes staking, potentially making it the first US Ethereum ETF sponsor to test SEC clarity on staking rules.

Cryptocurrency asset manager Grayscale is preparing to stake part of its massive Ether holdings, a move that could signal confidence that US regulators will soon permit staking within exchange-traded products.

Onchain data from Arkham Intelligence showed Grayscale transferred more than 40,000 Ether (ETH) on Thursday, activity consistent with positioning for staking rewards. Arkham noted that if confirmed, Grayscale would be the first US Ethereum ETF sponsor to stake its holdings.

Grayscale’s Ethereum Trust (ETHE) manages more than 1.06 million ETH, valued at over $4.8 billion. The firm launched ETHE in 2017 as a private placement vehicle, and in 2024 rolled out the lower-cost Ethereum Mini Trust (ETH) through a partial spin-off of ETHE’s assets.

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