TechFlow news — Investment management firm Methodic Capital Management announced the launch of the Methodic CoinDesk ETH Staking Fund, designed to provide professional investors with total return on ETH by combining exposure to the token itself and staking rewards.
The fund utilizes the CoinDesk Ether Total Return Index (ETXTR), a composite of the CoinDesk Ether Price Index (ETX) and the Composite Ether Staking Rate (CESR), calculated by CoinDesk Indices and managed by digital asset management firm CoinFund.
BitGo will custody and stake the fund’s assets, while investment bank and FINRA-registered market Oasis Pro Markets will act as tokenization agent, placing the fund’s shares on a blockchain and facilitating trading in the secondary market.
