According to TechFlow news on November 20, as reported by Cryptonews, cryptocurrency ETP issuer 21Shares AG announced the addition of staking functionality to its Ethereum Core ETP product, which has been renamed to "Ethereum Core Staking ETP" (ETHC). The product is currently listed on the Swiss Stock Exchange, Germany's Xetra Exchange, and the Amsterdam Euronext, with a management fee of 0.21%, one of the lowest in the market.
According to data from Staking Rewards, the current average yield for Ethereum staking is 3.17%. 21Shares CEO Hany Rashwan stated that this move aims to provide cutting-edge digital asset products for the European market while maintaining cost efficiency. The company currently manages 43 ETPs in Europe, with total assets reaching 3.30 billion dollars.