According to the source, Grayscale’s Ethereum ETF has begun distributing staking rewards to shareholders, as stated in a public social-media post dated Jan 6, 2026 (source: public social-media post dated Jan 6, 2026). Traders should watch the fund’s official distribution notices and prospectus supplements for reward rates, validator policy, slashing coverage, and expense netting, which directly determine net yield and arbitrage economics (source: fund sponsor distribution notices and prospectus supplements). Monitor primary creations/redemptions, secondary-market premium/discount, and ETH (ETH) spot–futures basis for flow-driven repricing once income distributions are reflected in the fund calendar (source: exchange daily flow reports and ETF market data).