Asset manager Grayscale plans to establish regular cash payouts on rewards generated by its exchange-traded products (ETPs) of Ether (ETH) and Solana (SOL), ensuring holders have ongoing access to the returns generated by the underlying assets.

In Form 8-K filed with the U.S. Securities and Exchange Commission (SEC), Grayscale stated that it intends to amend the trust agreements governing Grayscale Solana ETF Staking (GSOL) and Grayscale Ether Staking ETF (ETHE) around August 7. The changes would require each trust to convert staking awards into cash no less than quarterly and distribute the net proceeds to shareholders.

This framework could make staking returns more accessible to conventional investors by providing cash rewards through brokerage products, eliminating the need for shareholders to own cryptocurrencies, select validators, and manage staking operations. However, Grayscale said distribution amounts cannot be predicted as they will depend on staking rewards in each period and expenses deducted by the trusts.

Grayscale made ETHE made its first staking distribution on January 5, paying shareholders approximately $0.08 per share from the sale of prizes. Asset manager turned on staking for its ETH and SOL products on October 6, 2025, becoming the first U.S. crypto fund issuer to add staking for crypto ETPs.

ETHE ended the week with net assets of $1.22 billion, while GSOL had $101.13 million, according to Yahoo Finance data. The Ether Gross rewards for staking the fund were 2.67% as of July 17, while Solana According to the fund’s home pages, gross staking rewards were 6.10%.

Adapting staking funds to US tax guidelines

Grayscale said the changes are intended to bring funds into compliance with Internal Revenue Service (IRS) regulations that allow them to earn staking rewards without losing their current tax treatment.

The company said the changes were not expected to significantly harm shareholders, but continued to provide them with a 20-day notice period. Once the changes come into effect, the asset manager plans to update the funds to clarify how regular cash withdrawals will work.

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Under the proposal, each trust could deduct expenses not incurred by Grayscale before making the distribution. These costs may include a portion of the staking rewards paid to the sponsor in exchange for organizing and facilitating the staking activities.

Reports do not establish a fixed payout amount or guarantee that payouts will be identical each quarter. Instead, the reports state that rewards may vary depending on assets wagered and network conditions.

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