21Shares AG has launched the Ethereum Core Staking ETP, enhancing its existing Ethereum Core ETP with new staking functionality.

This upgrade aims to increase accessibility to Ethereum staking for both institutional and retail investors in Europe.

The Ethereum Core Staking ETP, now traded under the ticker ETHC, is available on major European exchanges, including the SIX Swiss Exchange and Deutsche Börse Xetra.

Hany Rashwan, CEO of 21Shares, emphasized that the addition of staking is part of their strategy to offer innovative digital asset products.

The rise of staking products like ETHC presents new investment opportunities for individuals interested in blockchain technology and its income potential.

Current data indicates that Ethereum staking yields an average return of 3.4%, providing investors with a steady income stream while participating in the Proof-of-Stake mechanism.

In contrast to Europe, the regulatory landscape in the US remains challenging, with the SEC rejecting Ethereum ETFs that offer staking rewards due to concerns over market manipulation.

The introduction of staking products like ETHC reflects a growing trend in Europe towards staking-based investments, while US firms continue to face significant regulatory hurdles.

Additionally, Bitwise has entered the market with the world's first Aptos Staking ETP, offering approximately 4.7% staking rewards, highlighting the competitive landscape for staking ETPs.

21Shares has significantly expanded its ETP offerings this year, managing over $3.3 billion in assets across 43 ETPs in Europe.

The Ethereum Core Staking ETP is physically backed by Ethereum (ETH) and features a management fee of just 0.21%, one of the lowest in the market.