Ethereum Staking Rewards Overtake Bitcoin ETF Interest
Ethereum staking rewards are gaining attention from investors, eclipsing interest in Bitcoin ETFs. According to 21Shares, Ethereum Staking products allow investors to earn blockchain rewards through a brokerage account without directly managing the process.
The firm's 21Shares Ethereum Core Staking ETP (ETHC) illustrates this structure. It allows staking yield to accrue daily to the ETP's net asset value, with a 30-day average yield providing a smoother measure of performance over time.
21Shares claims that individual investors seeking staking benefits face high investment thresholds and withdrawal waits, while ETHC offers access with professional risk management. The product has a 0.10% fee and is 100% physically backed by the underlying ETH, held in cold storage by an institutional-grade custodian.