Grayscale Launches Fund Offering Income from Staking Various Cryptocurrencies

Grayscale launches new fund (GDIF) that stakes cryptocurrencies to earn income
Fund initially holds assets for 9 different blockchains including Aptos, Celestia, CBETH, Cosmos, Near, Osmosis, Polkadot, SEI Network, and Solana
Aims to distribute staking rewards to investors quarterly in US dollars
Staking plays key role in some blockchains like Ethereum by allowing token holders to validate transactions
Launch coincides with bitcoin hitting all-time high over $69,000, but most altcoin valuations remain below previous cycle highs