21Shares improves its Ethereum ETP by introducing a staking feature, and the ticker has been changed to "ETHC".

According to Foresight News and Beincrypto, asset management company 21Shares has announced improvements to its Ethereum Core ETP by adding staking functionality. The product will be renamed to Ethereum Core Staking ETP to reflect its expanded capabilities. The revised ticker will be ETHC and it will be traded on major European exchanges, including the Swiss Exchange, Deutsche Börse Xetra, and Euronext Amsterdam. The company stated that this move aims to make it easier for institutional and retail investors across Europe to access Ethereum staking. It offers a novel way to earn returns from Ethereum's staking mechanism while maintaining a low-cost structure. The Ethereum Core Staking ETP is backed by Ethereum spot and has a management fee of 0.21%.