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21Shares Announces Staking Payouts Across Five Crypto ETFs

(3 days ago) · 1 source · Summarized by CryptoBipto

21Shares has established new staking payout rates across five of its cryptocurrency exchange-traded funds. The move allows ETF holders to earn staking rewards through regulated investment products without directly staking tokens themselves.

WHY IT MATTERS

Staking is a process where cryptocurrency holders lock up their tokens to help secure a blockchain network, earning rewards in return — similar to earning interest in a savings account. Normally, you would need to hold the actual cryptocurrency and use specialized tools to stake. An ETF, or exchange-traded fund, is an investment product you can buy through a regular brokerage account, just like a stock. When a company like 21Shares offers staking payouts through an ETF, it means investors can potentially earn staking rewards without needing to manage crypto wallets or deal with the technical side of staking. This development is notable because it makes a crypto-native feature more accessible through traditional financial channels.

21Shares, a crypto-focused asset manager known for issuing exchange-traded products, has updated the staking payout structures for five of its crypto ETFs.

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SOURCES

  • newsbtc.com

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StakingETFsInstitutional Adoption21SharesCrypto Investment Products