Switzerland's 21Shares announced a significant upgrade to its Ethereum Core ETP by introducing staking functionality and renaming it the Ethereum Core Staking ETP.
21Shares Updates Ethereum ETP Product
The redesigned product is now available on the SIX Swiss Exchange, giving European investors access to Ethereum's staking ecosystem. This move strengthens 21Shares' position as a pioneer in integrating traditional financial instruments with blockchain's innovative features.
Benefits of Ethereum Core Staking ETP
Ethereum staking becomes increasingly appealing to investors due to the potential for earning passive income through network security. According to the latest data, the average staking yield from Ethereum stands at 3.17%, offering a solid opportunity for those looking to diversify their crypto portfolios.
Future Prospects for 21Shares and Ethereum Staking
The addition of staking highlights 21Shares' commitment to remaining at the forefront of cryptocurrency investment solutions. The company continues to offer secure, cost-effective, and transparent access to blockchain-based opportunities. The new product meets the growing demand for hybrid investment products that combine traditional finance with the advantages of decentralized technologies.
The update to Ethereum Core Staking ETP reflects 21Shares' commitment to providing access to the latest investment opportunities that combine traditional financial and decentralized technology benefits.
