🚀 Grayscale aims to transform its Ethereum Trust (ETHE) into an ETH spot ETF with staking capabilities! Key changes include:
- Utilizing ETH for staking via Proof-of-Stake protocol
- Granting authorized participants authority to create & redeem shares
- Moving to daily fee assessment from monthly
- Introducing third-party custodian with omnibus accounts
🤔 Will the SEC approve spot Ether ETFs? Share your thoughts below! 👇
#cryptocurrency #ethereum #ETF #staking