According to CoinMeta, Grayscale updated its trust agreement on August 6th to lock in monthly cash rewards in preparation for the IRS deadline on August 10th. Since October 2025, the company's mini ETF has received $27.3 million in net staking rewards. Under the revised agreement, staking rewards will be distributed to shareholders quarterly and converted into cash, with plans to make monthly payments. Grayscale has also become the first U.S.-issued issuer to activate staking in its spot crypto fund.