šŸš€ 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

šŸ¤” Will the SEC approve spot Ether ETFs? Share your thoughts below! šŸ‘‡

#cryptocurrency #ethereum #ETF #staking