# Grayscale's Staking Funds Must Sell Their Rewards at Least Quarterly, Turning $1.1 Billion of Stake Into Recurring Supply

The same week, the asset manager abandoned its planned Cardano, Polkadot and Hedera exchange-traded funds, none of which ever became effective.

- Published: 2026-08-11T05:53:59.872Z
- Canonical: https://polylog.news/crypto/2026-08-11/grayscale-s-staking-funds-must-sell-their-rewards-at-least-q
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/grayscale-turned-more-than-1-1-billion-of-staked-crypto-into-a-recurring-reward-sale-machine-for-etf-holders/), [CoinDesk](https://www.coindesk.com/business/2026/08/10/grayscale-quietly-drops-cardano-polkadot-and-hedera-etf-plans)

Grayscale has staked more than $1.1 billion of the crypto held in its exchange-traded products, and the structures require the funds to sell the earned rewards at least quarterly. The vehicles concerned hold ether, solana and avalanche. The…

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