Grayscale has launched the first staking exchange-traded funds (ETFs) on Wall Street, marking a significant development in the cryptocurrency investment landscape. These products allow investors to gain exposure to staking rewards without directly holding the underlying assets, broadening the appeal of crypto investments. In related news, Coinbase is pursuing a federal trust charter, which would enable the company to expand its financial services and operate under a national regulatory framework. This move is part of Coinbase's strategy to enhance its service offerings and regulatory compliance.