21Shares Distributions Rise with Hyperliquid Fund Leading the Pack
21Shares has announced September staking distributions for five crypto exchange-traded funds (ETFs): TETH, TSOL, THYP, TSUI, and TDOT. These funds distribute staking rewards generated by their underlying proof-of-stake assets to shareholders.
The Hyperliquid Fund has the largest per-share distribution at $0.191360. Other distributions include $0.031602 for the Ethereum Staking ETF, $0.076590 for the Solana Staking ETF, $0.052939 for the Sui Staking ETF, and $0.045029 for the Polkadot Staking ETF.
The ex-dividend and record date for all five products is September 29, with payments scheduled for September 30. These distributions are not arbitrary dividends funded from the asset manager's balance sheet but consist of staking rewards earned from the ETH, SOL, HYPE, SUI, and DOT held and staked by the respective funds.