New crypto ETN by ETC Group on Xetra: access to Ethereum combined with staking rewards
Since Tuesday, a new crypto ETN by ETC Group is tradable on Xetra and via the trading venue Börse Frankfurt.
The ETC Group Ethereum Staking ETP gives investors access to the performance of the cryptocurrency Ethereum in combination with staking rewards. Staking is the process of depositing the respective crypto assets on the blockchain to validate transactions. In return, a premium is paid. In this way, investors can participate not only in the performance of the cryptocurrency, but also in the respective staking returns. The product is physically secured by the crypto asset.
The ETN can be traded in either euros or US dollars using the respective Xetra ticker.
|
Name |
ISIN |
Management fee |
Xetra Ticker for the |
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|
EUR |
USD |
|||
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ETC Group Ethereum Staking ETP (ET32) |
0% |
ET32
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ET33 |
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The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,141 ETFs, 191 ETCs and 235 ETNs. With this selection and an average monthly trading volume of more than €14 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.