WisdomTree’s Ethereum ETP (ETHW) Now Offers Staking for Ethereum Rewards

Share post:

WisdomTree has enabled staking for its WisdomTree Physical Ethereum (ETHW) exchange-traded product (ETP), which is backed by physical ether. ETHW, with $39 million in assets, can now participate in the Ethereum network’s staking to validate transactions and earn annual rewards ranging from 4% to 8%. The ETP was launched in 2021 and is listed on multiple European stock exchanges. This development follows Ethereum’s shift to a proof-of-stake consensus mechanism, enabled by the shapella upgrade, which allows for the withdrawal of staked ether and related rewards. Mirva Anttila, Director of Digital Assets Research at WisdomTree, highlighted the successful implementation of a risk-managed approach to provide staking rewards to investors.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...