21Shares Unveils Low-Fee Ethereum Staking ETP Across Europe

21Shares has launched its Ethereum Core Staking ETP (ETHC) on major European exchanges, offering a low management fee of 0.21%. This innovative product provides easy access to Ethereum staking rewards for diverse investors.

21Shares has taken another bold step in advancing digital asset accessibility with the launch of its Ethereum Core Staking ETP (ETHC). Available on the SIX Swiss Exchange, Deutsche Börse Xetra, and Euronext Amsterdam, this product underscores the firm’s mission to simplify staking opportunities for both retail and institutional investors across Europe.

ETHC: Affordable, Innovative, and Rewarding

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The ETHC ETP is physically backed by Ethereum and charges an impressively low management fee of just 0.21%. This makes it one of the most affordable Ethereum staking solutions currently available on the market. The product is designed to cater to a wide range of investors looking to earn staking rewards without delving into the technical complexities of direct staking.

By integrating staking capabilities into the ETP, 21Shares allows investors to earn an average staking return of 3.17%, based on data from Staking Rewards. The ETHC ETP streamlines the process, enabling a seamless experience for participants in the growing staking ecosystem.

A Strategic Step for the European Market

Hany Rashwan, CEO of 21Shares, highlighted the significance of this launch:

“This updated product reflects our commitment to bringing advanced digital asset solutions to Europe while ensuring that staking remains accessible and cost-efficient for all investors.”

The Ethereum Core Staking ETP builds on 21Shares’ history of pioneering blockchain investment products. With Ethereum’s transition to Proof-of-Stake via the Merge, staking has become a crucial component of the Ethereum network, and ETHC is strategically positioned to tap into this growing market.

What This Means for Investors

The introduction of the ETHC ETP provides an attractive alternative for investors who wish to benefit from Ethereum staking without managing private keys or navigating the complexities of blockchain infrastructure. With its low fees and easy access, the product is expected to appeal to seasoned crypto enthusiasts and newcomers alike.

As Ethereum staking continues to grow in popularity, 21Shares’ ETHC is likely to play a key role in driving mainstream adoption of staking as an investment strategy.

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