A hidden “yield war” has begun in Ethereum ETFs, forcing issuers to finally pay you for holding
Grayscale has turned Ethereum’s staking yield into one thing ETF traders immediately acknowledge: a money distribution. On Jan. 6, the Grayscale Ethereum Staking ETF (ETHE) paid round $0.083 per share, totaling $9.39 million, funded by staking rewards the fund earned on its ETH holdings after which offered for money. The payout coated rewards generated from…
