Grayscale has enabled staking on three of its crypto funds, marking the first time U.S.-listed spot crypto ETFs include the feature.

Plume Network has been approved by the U.S. Securities and Exchange Commission (SEC) as a registered transfer agent, clearing the way for it to manage tokenized securities directly on-chain.

MetaMask is rolling out a $30 million rewards program as it prepares to launch its long-awaited token. The program will offer incentives like LINEA tokens, mUSD stablecoin rewards, and referral bonuses in its first season.

Top stories in the Crypto Roundup today:

• Grayscale Adds Staking to Ethereum, Solana Trusts in U.S. Market First
• Plume Token Jumps After SEC Approves It as Transfer Agent for Tokenized Securities
• MetaMask Launches $30M Rewards Program Ahead of Token Debut

Grayscale Adds Staking to Ethereum, Solana Trusts in U.S. Market First

Grayscale has enabled staking on three of its crypto funds, marking the first time U.S.-listed spot crypto ETFs include the feature.

The update affects the Grayscale Ethereum Trust ETF (ETHE), Ethereum Mini Trust ETF and Grayscale Solana Trust (GSOL), which collectively manage $8.25 billion. Investors can now earn rewards from Ethereum and Solana without managing the underlying assets.

Staking supports blockchain security by locking up tokens, with participants earning rewards in return. Grayscale will handle the process through custodians and validator partners, offering a passive way to participate.

GSOL, currently over-the-counter, could become one of the first exchange-traded solana products with staking if regulators approve its conversion.

Plume Token Jumps After SEC Approves It as Transfer Agent for Tokenized Securities

Plume Network has been approved by the U.S. Securities and Exchange Commission (SEC) as a registered transfer agent, clearing the way for it to manage tokenized securities directly on-chain.

The move pushed the price of Plume’s native token up 25% before seeing a downturn, with trading volume jumping 186%, according to CoinMarketCap.

As a transfer agent, Plume can now issue and track digital securities using blockchain, mirroring the traditional role of firms that handle shareholder records and asset transfers.

Its protocol is designed to reduce tokenization timelines from months to weeks by automating much of the process with smart contracts. It also integrates with legacy infrastructure like the Depository Trust & Clearing Corporation (DTCC).

Plume’s regulatory milestone positions it to serve institutions seeking compliant ways to digitize real-world assets. The firm said it is already in talks with SEC-registered 40 Act funds, pooled investment vehicles like mutual funds and closed-end funds, and is aiming to roll out its first products in early 2026.

Plume is also pursuing broker-dealer and Alternative Trading System (ATS) licenses to expand its on-chain capital market infrastructure.

MetaMask Launches $30M Rewards Program Ahead of Token Debut

MetaMask is rolling out a $30 million rewards program as it prepares to launch its long-awaited token. The program will offer incentives like LINEA tokens, mUSD stablecoin rewards, and referral bonuses in its first season.

Consensys, which owns MetaMask, says the effort is aimed at rewarding loyal users and strengthening community engagement. Longtime users will be eligible for special benefits tied to the upcoming MetaMask token.

More details are expected in the coming weeks. The wallet has recently expanded support beyond ether, including to bitcoin, as it builds out its broader token ecosystem.

State of the Crypto by Top Tier Exchange Volume

Build your project with CoinDesk Data

Terms | Privacy

13 Charles II St, SW1Y 4QU

London, UK

This email may include advertisements by third parties. None of the advertised or promoted products and services have been verified or approved by us and this email is not any endorsement by us of the third party or of their products or services.