21Shares Sets New Staking Payouts Across Five Crypto ETFs

59 minutes ago 5



TL;DR 21Shares has declared September staking distributions for five crypto ETFs covering Ethereum, Solana, Hyperliquid, Sui and Polkadot. The largest per-share distribution is $0.191360 for the Hyperliquid Staking ETF. The funds distribute staking rewards generated by their underlying proof-of-stake assets to shareholders. 21Shares has declared a fresh round of staking distributions across five crypto exchange-traded funds, turning onchain validation rewards into cash payouts for fund investors. The September 28 announcement covers TETH, TSOL, THYP, TSUI and TDOT. Each fund holds and stakes the crypto asset associated with the product. Hyperliquid Fund Has The Largest Per-Share Distribution The 21Shares Ethereum Staking ETF will distribute $0.031602 per share. The Solana Staking ETF distribution is $0.076590 per share. The Hyperliquid Staking ETF has the largest payment of the group at $0.191360 per share. The Sui Staking ETF will distribute $0.052939 per share, while the Polkadot Staking ETF will pay $0.045029. The ex-dividend and record date for all five products is September 29. Payments are scheduled for September 30. These are not arbitrary dividends funded from the asset man...

Read Entire Article