ETH Grayscale Trust Requires Regular Staking Rewards Cash Distributions

Grayscale Ethereum Staking Mini ETF (ETH) has updated its governing trust agreement to require regular distributions of staking rewards cash to shareholders. The Third Amended and Restated Declaration of Trust and Trust Agreement, entered into on August 6, 2026, replaces the prior Second Amended and Restated Trust Agreement and its January 2026 amendment.

Under the new terms, staking rewards (Staking Consideration) must be converted to cash at least quarterly. The net cash proceeds, after deducting a Staking Fee and other applicable Trust expenses, will be distributed to shareholders on a monthly basis, but no less than quarterly. This creates a structured, mandatory distribution framework for staking rewards.

The Trust intends to file a prospectus supplement under Rule 424(b)(3) to update public disclosure related to the Third Amended and Restated Trust Agreement and the new staking distribution framework. Shareholders are advised to consider potential tax consequences arising from the new staking distributions, as discussed with their personal tax advisors.