other material
confidence high
sentiment neutral
materiality 0.45
Grayscale Ethereum Staking ETF to adopt CoinDesk Ether Benchmark Rate for NAV effective April 1, 2026
Grayscale Ethereum Staking ETF
- Effective April 1, 2026, NAV will use CoinDesk Ether Benchmark Rate instead of CoinDesk Ether Price Index (ETX).
- New index is volume-weighted from 11 platforms including Binance, Kraken, Gemini; updates every 5 seconds over 24 hours.
- Index includes real-time outlier detection: trades deviating >5% from latest index are excluded until majority platforms align.
- If primary index is unavailable, fallback is Coin Metrics Real-Time Rate, then principal market price, then Sponsor's estimate.