en.coinotag.com
21Shares Enhances Ethereum Core ETP with Staking Features, Opening New Opportunities for European Investors
-
21Shares has unveiled its Ethereum Core Staking ETP (ETHC), a significant innovation that enables European investors to easily access staking rewards.
-
This new product offers a competitive average staking yield of 3.4%, catering to an increasing appetite for crypto income streams.
-
“Our new ETHC product redefines how investors engage with Ethereum,” stated Hany Rashwan, CEO of 21Shares, highlighting the growing demand for staking options.
21Shares launches Ethereum Core Staking ETP, enhancing access to staking rewards for European investors with a 0.21% fee and 3.4% average yield.
21Shares Unveils Ethereum Core Staking ETP
The financial landscape for cryptocurrency investments continues to evolve, with 21Shares AG introducing the Ethereum Core Staking ETP (ETHC). This product integrates staking capabilities, allowing both institutional and retail investors in Europe to generate rewards from Ethereum’s Proof-of-Stake (PoS) network.
By modifying the original Ethereum Core ETP to include staking, 21Shares aims to simplify the staking process, thereby making it more appealing to a broad spectrum of potential investors. The low management fee of just 0.21% positions ETHC competitively within the market.
“Unlock new earning potential! Staking is now available in our 21Shares Ethereum Core Staking ETP (ETHC). With a low TER [total expense ratio] and the added benefits of staking rewards, ETHC offers even more value,” remarked the firm in its official announcement.
This unique product is traded on some of Europe’s major exchanges, such as the SIX Swiss Exchange, Deutsche Börse Xetra, and Euronext Amsterdam, enhancing its accessibility for investors looking to diversify their portfolios.