TechFlow news, on November 20, according to Cryptonews, cryptocurrency ETP issuer 21Shares AG announced the addition of staking functionality to its core Ethereum ETP product, renaming it the "Core Staked Ethereum ETP" (ETHC). The product is currently listed on the Swiss Stock Exchange, Germany's Xetra exchange, and Euronext Amsterdam, with a management fee of 0.21%, among the lowest in the market.
According to data from Staking Rewards, the current average staking yield for Ethereum stands at 3.17%. 21Shares CEO Hany Rashwan stated that the move aims to offer European investors the most advanced digital asset products while maintaining cost efficiency. The company currently manages 43 ETPs across Europe, with assets under management totaling $3.3 billion.
