The U.S. Treasury and the Internal Revenue Service (IRS) have issued new guidance that allows crypto exchange-traded products (ETPs) to stake digital assets. Also, they can share staking rewards with retail investors.
Treasury Guidance Gives Crypto ETFs Clear Staking Framework
The announcement, made by Treasury Secretary Scott Bessent, marks a major regulatory breakthrough for the digital asset sector. In a statement posted on X, Bessent said the guidance provides “a clear path” for crypto ETPs to participate in staking.
Today @USTreasury and the @IRSnews issued new guidance giving crypto exchange-traded products (ETPs) a clear path to stake digital assets and share staking rewards with their retail investors.
This move increases investor benefits, boosts innovation, and keeps America the…
— Treasury Secretary Scott Bessent (@SecScottBessent) November 10, 2025
In addition, they can maintain compliance with existing tax and financial regulations. He added that the move will enhance investor benefits and boost innovation. Moreover, it will strengthen America’s position as the global leader in digital asset and blockchain technology.
The guidance lays a foundation of staking rewards to be received by ETPs through blockchain network platforms. Staking of crypto products, including the mXRP vault, have drawn high attention from investors.
It generated over $22 million in investments on the first day of launch, which shows a high level of interest in the product. This limited how sponsors could exercise discretion over digital assets held in trust.
New Rules to Spur U.S. Crypto Staking Boom
Greg Xethalis, General Counsel at Multicoin Capital, explained that the guidance creates a “safe harbor” and a transition period for ETP trusts. It allows them to stake digital assets without losing their grantor trust status.
Xethalis believes this is a critical legal classification that ensures tax transparency for investors. According to him, this change finally resolves one of the most complex structural issues facing crypto-based investment products.
The move is expected to pave the way for Bitcoin and Ethereum ETP issuers to engage directly in staking and yield generation.