21Shares Announces Staking Distributions for Five Crypto ETFs

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by Nguyen Van Long

an hour ago

Made with AI

21Shares has announced a new round of staking distributions for five of its crypto exchange-traded funds (ETFs), allowing investors to benefit from on-chain validation rewards. Based on the data provided in the document, this initiative, revealed on September 28, underscores the increasing integration of staking rewards in the cryptocurrency investment landscape.

Distribution of Funds

The funds involved in this distribution include:

  • TETH
  • TSOL
  • THYP
  • TSUI
  • TDOT

Each of which holds and stakes the corresponding crypto assets. Notably, the 21Shares Ethereum Staking ETF will distribute $0.031602 per share, while the 21Shares Solana Staking ETF will provide $0.076590 per share to its investors.

Highest Payouts

Among the group, the Hyperliquid Staking ETF stands out with the highest payout of $0.191360 per share. Additionally, the:

  • 21Shares Sui Staking ETF will distribute $0.052939 per share
  • 21Shares Polkadot Staking ETF will pay out $0.045029 per share

Ex-Dividend and Record Date

The ex-dividend and record date for all five ETFs is set for September 29, with payments scheduled to be made on September 30. These distributions are derived from the staking rewards accumulated from the ETH, SOL, HYPE, SUI, and DOT assets held by the respective funds, reflecting a growing trend among crypto funds to leverage staking rewards for investor returns.

In a related development, Coinbase has introduced native staking support for Sui, simplifying the staking process for users. This initiative allows users to earn rewards without managing their own wallets or validators; read more.

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