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Sygnum Launches ETH Alpha Fund Targeting 8-10% Annual Returns
(3 hours ago) · 1 source · Summarized by CryptoBipto
Swiss crypto bank Sygnum has launched an ETH Alpha Fund that aims to generate 8% to 10% annual returns denominated in ETH. The fund reportedly combines staking yields with options and arbitrage strategies to pursue returns above standard staking rates.
WHY IT MATTERS
When you hold Ethereum (ETH), one way to earn returns is through "staking" — essentially locking up your ETH to help secure the network in exchange for rewards, similar to earning interest in a savings account.
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SOURCES
- theblock.co
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