Grayscale Shifts Staking Strategy Ahead of IRS Deadline

Grayscale has updated its staking strategy to make it more shareholder-friendly ahead of an important IRS deadline. The revised trust agreement, signed on August 6, makes staking the default for nearly every eligible asset held in the fund and paves the way for regular cash distributions.

The update comes just four days before the August 10 IRS deadline for funds seeking the new tax treatment. According to the latest update, staking rewards will be converted into cash with monthly payouts planned, surpassing the quarterly distribution requirement set by the IRS.

This move builds on Grayscale's initiative to activate staking within its spot crypto funds in October 2025. Since then, the firm's Mini ETF has generated $27.3 million in net staking rewards, representing a 2.61% annual yield after fees.