Ethereum, Solana ETFs Get Green Light for Staking via US Treasury, IRS Crypto Fund Guidance
The post Ethereum, Solana ETFs Get Green Light for Staking via US Treasury, IRS Crypto Fund Guidance appeared on BitcoinEthereumNews.com.
In brief The U.S. Treasury and IRS issued guidance Monday allowing Wall Street crypto products to offer staking rewards under a new safe harbor. The move gives regulatory clarity to staking assets like Ethereum and Solana, easing institutional participation. Industry leaders say the guidance could significantly boost mainstream adoption of proof-of-stake blockchains. The U.S. Treasury Department and the IRS issued new guidance Monday that paves the way for Wall Street-traded crypto products to generate staking yield for investors, in a move industry leaders said could significantly increase mainstream adoption of proof-of-stake blockchains like Ethereum and Solana. The guidance creates a safe harbor for investment trusts to stake digital assets without risking running afoul of existing tax and regulatory guidelines. In situations where trusts fulfill certain easy-to-meet criteria, staking digital assets now appears to be a firmly greenlit institutional activity in the eyes of the federal government. Today @USTreasury and the @IRSnews issued new guidance giving crypto exchange-traded products (ETPs) a clear path to stake digital assets and share staking rewards with their retail investors. This move increases investor benefits, boosts innovation, and keeps America the… — Treasury Secretary Scott Bessent (@SecScottBessent) November 10, 2025 To enter the safe harbor, trusts must hold only one type of digital asset from a permissionless, proof-of-stake blockchain network; follow certain liquidity protocols; perform no other function besides holding, staking, and redeeming the token in question; and rely on a custodian and an independent staking provider to handle the staking process. U.S. Treasury Secretary Scott Bessent celebrated the guidance Monday, saying it provided a clear path to staking digital assets on Wall Street and sharing those rewards with retail investors. “This move increases investor benefits, boosts innovation, and keeps America the global leader in digital asset and blockchain technology,” Bessent wrote on X. Proof-of-stake…
Filed under: News - @ November 10, 2025 10:21 pm