21Shares Launches Low-Fee Ethereum Staking ETP in Europe

21Shares AG, an asset manager based in Switzerland, has upgraded its Ethereum Core exchange-traded product (ETP) by incorporating staking features, now rebranded as the Ethereum Core Staking ETP.

Launched on Tuesday, the updated product is available on prominent European exchanges such as the SIX Swiss Exchange, Deutsche Börse Xetra, and Euronext Amsterdam.

This move underscores 21Shares’ commitment to broadening access to staking for both retail and institutional investors in Europe, offering innovative, low-cost solutions in the growing digital asset sector.

The Ethereum Core Staking ETP, traded under the ticker ETHC, is physically backed by Ethereum and charges a management fee of just 0.21%, making it one of the most affordable options on the market. This fee structure is designed to attract a diverse investor base seeking staking opportunities.

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Hany Rashwan, CEO of 21Shares, emphasized the significance of this enhancement, stating that it aligns with the company’s goal to bring advanced digital asset products to the European market while keeping staking accessible and cost-efficient.

Currently, Ethereum staking offers an average return of 3.17%, according to Staking Rewards. The ETHC ETP enables investors to earn staking rewards while avoiding the complexities of direct staking.

Kosta Gushterov