Grayscale to Launch Quarterly Cash Payouts from ETH, SOL Staking Rewards
The crypto asset manager plans to convert staking rewards on its Ethereum and Solana ETFs into cash distributed to shareholders at least quarterly, starting around August 2026.
AfroEuropa Newsroom
AfroEuropa desk
Crypto asset manager Grayscale plans to introduce quarterly cash distributions drawn from staking rewards on its Ethereum and Solana exchange-traded funds, according to BitKE and Cointelegraph.
Under the revised structure, staking rewards earned by the funds would be converted into cash and paid out to shareholders at least once per quarter. BitKE reported that the arrangement is expected to take effect around August 7, 2026, subject to regulatory processes. The setup is intended to let investors weigh the yield produced by Ethereum and Solana staking against price appreciation.
Keep reading
Binance Hackers Used Aave to Convert Stolen Stablecoins Into Ether
Attackers behind the suspected $6.3 billion Binance breach deposited $60 million in USDT on Aave to borrow wrapped Ether before the protocol froze hundreds of markets.
Other highlights
Intel Confirms Nova Lake CPUs Will Use In-House 18A-P Node
CEO Lip-Bu Tan said Intel's next flagship client processor will be built on the company's 18A-P node, with more details promised at CES in January.
Follow the story
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.
