U.S. IRS Opens Staking Path for Crypto ETPs to Get Into Yield Without Tax Headaches

The U.S. Internal Revenue Service (IRS) announced new guidance establishing a safe harbor that allows trusts to stake digital assets without jeopardizing their federal income tax status as investment or grantor trusts. This development is viewed as a significant step toward enabling crypto exchange-traded products (ETPs) to share staking rewards with investors. Treasury Secretary Scott Bessent stated this offers a "clear path" for ETPs to stake assets and share yield, which he believes will boost innovation. Legal experts noted that this guidance removes a major barrier that previously discouraged fund sponsors from integrating staking yield into regulated investment products, potentially increasing staking participation and network decentralization. The guidance specifically targets permissionless proof-of-stake networks and provides long-awaited regulatory and tax clarity for staking adoption.

(Source：CoinDesk)