The trust must now convert staking rewards to cash at least quarterly and pay shareholders the net proceeds.
Grayscale says it intends to distribute monthly, with quarterly written in as the legal minimum.
Shareholders will get proceeds after trust expenses and a separate staking fee that has not yet been disclosed.
This changes how yield reaches investors, not the fund's exposure to ETH's price.
Watch for the first post-amendment distribution notice and the disclosed staking fee rate before assuming a net yield.
Read More →