The post Grayscale Stakes $150M ETH, Industry Awats Staking ETP Approval appeared on BitcoinEthereumNews.com. Crypto-focused asset manager Grayscale staked $150 million worth of Ether after introducing staking for its exchange-traded products (ETPs) on Monday. The asset management company staked 32,000 Ether (ETH) worth $150 million, according to blockchain data platform Lookonchain. The transfer occurred a day after Grayscale introduced staking for its Ether ETPs, making it the first US-based crypto fund issuer to offer staking-based passive income for its funds. The move enables Grayscale’s ETP and its shareholders to start earning passive income via staking rewards on the $150 million. These staking rewards will be treated as “assets of the fund,” according to Grayscale’s ETP Staking Policy. Deducting sponsor and custodian fees, the fund’s shareholders will earn up to 77% of the total generated staking rewards with Grayscale’s Ethereum Trust and about 94% with the Ethereum Mini Trust, based on the fee structures disclosed in the SEC filings. Source: Lookonchain Both Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) are exchange-traded products registered under the Securities Act of 1933, not the Investment Company Act of 1940, the latter being the regulatory framework used for traditional mutual funds. This makes ETPs structurally different from ETFs governed by the 1940 Act. At least two additional Ether staking-enabled funds are expected to receive a response from the US Securities and Exchange Commission (SEC) in October. Related: Korean retail capital driving Ether price, treasury demand: Samson Mow SEC faces deadlines on 16 altcoin ETPs in October October is shaping up as a promising month for crypto, with 16 crypto ETP applications on the SEC’s calendar for the month. Of the 16, at least two crypto staking funds are awaiting a decision during the month, including the 21Shares’ Core Ethereum ETF (TETH) staking filing scheduled for Oct. 23 and BlackRock’s iShares Ethereum Trust (ETHA) ETP amendment seeking to add… The post Grayscale Stakes $150M ETH, Industry Awats Staking ETP Approval appeared on BitcoinEthereumNews.com. Crypto-focused asset manager Grayscale staked $150 million worth of Ether after introducing staking for its exchange-traded products (ETPs) on Monday. The asset management company staked 32,000 Ether (ETH) worth $150 million, according to blockchain data platform Lookonchain. The transfer occurred a day after Grayscale introduced staking for its Ether ETPs, making it the first US-based crypto fund issuer to offer staking-based passive income for its funds. The move enables Grayscale’s ETP and its shareholders to start earning passive income via staking rewards on the $150 million. These staking rewards will be treated as “assets of the fund,” according to Grayscale’s ETP Staking Policy. Deducting sponsor and custodian fees, the fund’s shareholders will earn up to 77% of the total generated staking rewards with Grayscale’s Ethereum Trust and about 94% with the Ethereum Mini Trust, based on the fee structures disclosed in the SEC filings. Source: Lookonchain Both Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) are exchange-traded products registered under the Securities Act of 1933, not the Investment Company Act of 1940, the latter being the regulatory framework used for traditional mutual funds. This makes ETPs structurally different from ETFs governed by the 1940 Act. At least two additional Ether staking-enabled funds are expected to receive a response from the US Securities and Exchange Commission (SEC) in October. Related: Korean retail capital driving Ether price, treasury demand: Samson Mow SEC faces deadlines on 16 altcoin ETPs in October October is shaping up as a promising month for crypto, with 16 crypto ETP applications on the SEC’s calendar for the month. Of the 16, at least two crypto staking funds are awaiting a decision during the month, including the 21Shares’ Core Ethereum ETF (TETH) staking filing scheduled for Oct. 23 and BlackRock’s iShares Ethereum Trust (ETHA) ETP amendment seeking to add…

Grayscale Stakes $150M ETH, Industry Awats Staking ETP Approval

2025/10/08 12:46

Crypto-focused asset manager Grayscale staked $150 million worth of Ether after introducing staking for its exchange-traded products (ETPs) on Monday.

The asset management company staked 32,000 Ether (ETH) worth $150 million, according to blockchain data platform Lookonchain.

The transfer occurred a day after Grayscale introduced staking for its Ether ETPs, making it the first US-based crypto fund issuer to offer staking-based passive income for its funds.

The move enables Grayscale’s ETP and its shareholders to start earning passive income via staking rewards on the $150 million. These staking rewards will be treated as “assets of the fund,” according to Grayscale’s ETP Staking Policy.

Deducting sponsor and custodian fees, the fund’s shareholders will earn up to 77% of the total generated staking rewards with Grayscale’s Ethereum Trust and about 94% with the Ethereum Mini Trust, based on the fee structures disclosed in the SEC filings.

Source: Lookonchain

Both Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) are exchange-traded products registered under the Securities Act of 1933, not the Investment Company Act of 1940, the latter being the regulatory framework used for traditional mutual funds.

This makes ETPs structurally different from ETFs governed by the 1940 Act.

At least two additional Ether staking-enabled funds are expected to receive a response from the US Securities and Exchange Commission (SEC) in October.

Related: Korean retail capital driving Ether price, treasury demand: Samson Mow

SEC faces deadlines on 16 altcoin ETPs in October

October is shaping up as a promising month for crypto, with 16 crypto ETP applications on the SEC’s calendar for the month.

Of the 16, at least two crypto staking funds are awaiting a decision during the month, including the 21Shares’ Core Ethereum ETF (TETH) staking filing scheduled for Oct. 23 and BlackRock’s iShares Ethereum Trust (ETHA) ETP amendment seeking to add staking rewards expected on Oct. 30.

21Shares’ Ether fund is registered under the Securities Act of 1933, which makes it an ETP, akin to Grayscale’s ETH and ETHE ETPs.

Related: Aging boomers and global wealth seen boosting crypto until 2100

Meanwhile, the REX-Osprey Solana Staking ETF launched in July, as the first Solana (SOL) staking ETF under the Investment Company Act of 1940, which allows crypto ETFs to hold the majority of their spot assets directly and distribute staking rewards where applicable.

Grayscale’s Solana fund, the Grayscale Solana Trust (GSOL), has also enabled staking and is awaiting regulatory approval for uplisting to an ETP.

However, the ongoing government shutdown may slow down the regulatory response to crypto ETP applications, as the SEC said that it would operate “under modified conditions” with an “extremely limited number of staff” until a funding bill is passed.

With no clear resolution in sight, the Senate is set to reconvene on the funding bill later on Tuesday, after Republicans and Democrats failed to agree for the fifth time on Monday.

The government shutdown has also increased investor appetite for cryptocurrency funds and decentralized assets, driven by growing uncertainty.

Crypto ETP flows by asset as of Friday (in millions of US dollars). Source: CoinShares

Crypto ETPs saw their highest-ever inflows last week after the government shutdown, recording $5.95 billion worth of cumulative investments, Cointelegraph reported on Monday.

Magazine: Altcoin season 2025 is almost here… but the rules have changed

Source: https://cointelegraph.com/news/grayscale-stakes-150m-eth-staking-etp-deadlines?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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The New York Stock Exchange invested $2 billion in prediction market Polymarket. What is the strategic intention?

The New York Stock Exchange invested $2 billion in prediction market Polymarket. What is the strategic intention?

Original title: Why the NYSE invested $2B into polymarket Original author: binji, Ethereum Foundation researcher Original translation: Ismay, BlockBeats Editor's Note: On October 7, The Wall Street Journal reported that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is close to investing $2 billion in the decentralized prediction market platform Polymarket. This may not only become one of the largest private financings in the history of the crypto field, but also mark the deep intersection of traditional financial infrastructure and Web3 market forms. Against the backdrop of Bitcoin being incorporated into corporate treasuries and stablecoins becoming global clearing assets, ICE's investment points to a broader theme: the redefinition of market boundaries. If financial markets in the past priced "assets," Polymarket represents a new order that prices "beliefs" and "expectations." This article attempts to interpret the logic behind this investment - why an exchange that controls a market value of $29 trillion would bet on a new market native to the crypto world and centered on "prediction", and what this means for the next paradigm shift in the global price discovery system. The following is the original content: The infrastructure that underpins the $29 trillion stock market is now extending into a broader realm - a market that can not only price assets but also price "understanding." It was the largest private investment in a crypto company ever. But it was something more profound: It was a statement—a declaration that the market itself was evolving. origin The New York Stock Exchange (NYSE) is the world's largest stock exchange, with a total market capitalization of approximately $29 trillion. This significant move demonstrates that the NYSE believes the market's approach to expansion is changing—not just through growth in scale and trading volume, but also through a reshaping of its participant structure. They saw a whole new group of investors whose trading methods, information sources, and behavioral logic were completely different from those of traditional traders. This new generation of investors no longer sat at the trading desk; they lived on the internet. In today's economy, a single tweet can sometimes move stock prices more than a quarterly earnings report. Narratives, memes, and collective sentiment are now part of price discovery. This means that "regular people," through their attention, discussion, and belief data, can influence the market more than ever before. Prediction markets transform belief itself into a tradable asset. They allow people to bet on events they already care about—elections, policy, AI breakthroughs, sports, climate—rather than the quarterly results of a company they have no interest in. When markets become more interconnected, more people can participate. Not just analysts or hedge funds, but anyone with a sense of the future – and the global economy becomes more democratic. This is a revolution that removes financial "thresholds". But the story doesn't end there The NYSE is not only investing in the prediction market, but also investing in a new "data form". What they want is event-driven data. For the first time, financial infrastructure can carry probabilities alongside prices. Polymarket's markets generate real-time odds on real-world events: elections, policy decisions, macroeconomic data, even celebrity endorsements—all of which can predict sentiment before they impact financial reports. Under the agreement, NYSE's parent company, Intercontinental Exchange (ICE), will distribute this data stream globally, feeding both "beliefs" and "capital flows" into the pipelines that transmit stocks and derivatives. This changes the structure of market intelligence: beliefs become measurable, and reflexivity becomes modelable. You can imagine: 1. Macro traders track changes in the probability of rate cuts; 2. Stock analysts will superimpose event odds onto earnings expectations; 3. The quantitative team will use "belief fluctuations" to hedge portfolio risks. This is the first institutional-level bridge in financial history that connects "attention" and "price" - a financial data set that not only describes "what has happened" but also reveals "what may happen" and is being widely adopted. Why Polymarket and not others? This new market structure introduces a new risk: information distortion. When information spreads faster than it can be verified, trust collapses. This is the core advantage of Polymarket. It is not a market that relies on centralized trust, but an open system built on verifiable trust. For prediction markets to truly work, there must be a common verification foundation—a place where all results, transactions, and settlements can be independently verified. The question is: when attention starts to drive capital, who will ensure honesty? To this end, Polymarket is built on Ethereum's trust layer (Trustware) and extended through Polygon. Ethereum's trust mechanism ensures that every transaction, every settlement, and every market outcome can be verified, without relying on the subjective discretion of centralized institutions. What's next Over the past year, Polymarket has seen over $16 billion in trading volume and over 250,000 monthly active users. While some believe its popularity will wane after the election cycle, trading volume remains strong. As market depth grows, the platform is poised to launch more financial instruments: Conditional event contracts Earnings Results Market Macro datapoint ladders and more experimental governance mechanisms (such as Futarchy, where decisions are guided by market odds) Evolution of market patterns By supporting Polymarket, the NYSE is effectively acknowledging that the “market landscape” itself is evolving. The foundation of the ICE empire is clearing, settlement, and exchange technology. In Polymarket, it sees the next frontier: A digitally native, socially driven, open and verifiable market system - yet still built on a transparent, secure, and globally scalable trust architecture, which is completely consistent with the principles that ICE has always pursued. Future exchanges will price beliefs, probabilities, and truths.
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