PANews reported on November 20 that according to Beincrypto, asset management company 21Shares announced a major improvement to its Ethereum Core ETP, which now includes a staking function. With this upgrade, the product has been renamed Ethereum Core Staking ETP to better reflect its expanded functionality. The revised product trading code is ETHC and can be traded on major European exchanges, including the Swiss Stock Exchange, Deutsche Börse Xetra and Euronext Amsterdam.
The company said the move is aimed at making Ethereum staking more accessible to institutional and retail investors across Europe. It offers a novel way to earn returns from Ethereum's staking mechanism while maintaining a low-cost structure. Ethereum Core Staking ETP is backed by physical Ethereum and has a management fee of 0.21%.
