According to the news from TechFlow on November 20, Cryptocurrency ETP issuer 21Shares AG announced the addition of stake function to its ETH Core ETP product and renamed it as “ETH Core stake ETP” (ETHC). The product is currently trading on the Swiss stock exchange, German Xetra exchange, and Amsterdam pan-European exchange, with a management fee rate of 0.21%, which is one of the lowest in the market.
According to Staking Rewards data, the current average stake yield of ETH is 3.17%. 21Shares CEO Hany Rashwan stated that this is aimed at providing the most cutting-edge digital asset products for the European market while maintaining cost efficiency. The company currently manages 43 ETPs in Europe with total assets under management of 3.3 billion dollars.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
