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News Explorer — Digital Asset Manager 3IQ Adds Ethereum Staking to Two ETF Funds

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Jun 28, 8:39 pm
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Digital Asset Manager 3IQ Adds Ethereum Staking to Two ETF Funds

Canadian digital asset manager 3iQ has announced that its two Ethereum exchange-traded fund (ETF) products, The Ether Fund and The 3iQ Ether ETF, will start offering staking to clients in August. This makes them the first ETFs in the world to offer such a service. Staking involves locking up cryptocurrency to support a blockchain network and earn rewards in the form of ETH. The funds will use Coinbase's institutional staking infrastructure to support ETH staking.

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