Grayscale Avalanche Staking ETF to start regular distributions of staking proceeds
On August 6, 2026, the sponsor amended the trust agreement with trustee CSC Delaware Trust Company to begin regular distributions of net cash from staking rewards to shareholders. The trust intends to distribute net proceeds monthly, and no less than quarterly, after deducting the staking fee and other trust expenses, though amounts will depend on rewards actually received.
Key points
- Amendment No. 2 to the trust agreement was signed August 6, 2026, with CSC Delaware Trust Company as trustee
- Trust must convert staking consideration to cash no less often than quarterly and promptly distribute net proceeds
- Distribution amounts depend on staking consideration received and cannot be predicted with certainty
- Trust plans a prospectus supplement under Rule 424(b)(3) to update disclosure
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.