21shares Sets March 31 Payouts of $0.01253 for Ethereum ETF, $0.01696 for Solana ETF
21shares will distribute $0.012530 per share for its Ethereum ETF and $0.016962 per share for its Solana ETF following staking reward sales. Both distributions have an ex- and record-date of March 30 and are payable on March 31.
1. Distribution Details
Ex- and record-dates for both ETFs are March 30, with distributions payable March 31; the Ethereum ETF will pay $0.012530 per share and the Solana ETF $0.016962 per share.
2. Staking Reward Sales
Distributions are funded by proceeds from the sale of staking rewards earned by the trusts, reflecting rewards generated by staking Ether and Solana to support blockchain operations.
3. Investor Suitability and Risks
The trusts are not registered under the Investment Company Act, carry heightened volatility and potential complete loss, and face liquidity and operational risks from staking lockups and third-party validator performance.