CoinShares, one of the largest digital asset investment companies in Europe, world’s first It launches crypto ETPs with staking rewards and low service fees.
According to the press release on January 26, Tezos (XTZ) ETP 3% per annum, Polkadot (DOT) ETP 5% per year staking rewards. Hardly any in two ETPs No service fee will be charged.
ETPs to be issued by CoinShares, Frankfurt-based German exchange in Xetra will be listed. proof-of-stake It has been reported that customers who invest in ETP, which will be released with protocols, will receive their rewards from the technology platform of CoinShares.
Requires investors to use their assets to validate the network and transactions proof-of-stake validators invest in their protocols as rewards digital money wins. This situation gives investors contribute is found.
Townsend Lansing, Head of Product at CoinShares, said in a statement:
Staking will allow us to share the rewards transparently with investors. We are proud to release the first crypto ETPs powered by a mechanism.
said.
Frank Spiteri, Head of Economics at CoinShares:
We are also very excited about this, as CoinShares has a history of firsts and innovations by launching Europe’s first Bitcoin ETP in 2015. Our aim is to move the industry forward with ETP launches. We believe that over time, Proof-of-stake will become the preferred structure for ETPs tracking digital assets.
made statements.
With this announcement, CoinShares announced the total number of ETPs. to six taking it out.