Swiss digital asset investment firm Valour has launched a physically-backed Ethereum staking exchange-traded product (ETP) on the London Stock Exchange. This product allows institutional investors to passively earn staking rewards on their Ethereum holdings, providing them with exposure to the benefits of Ethereum staking. The ETP is fully compliant with the Financial Conduct Authority's regulations and is supported by cold storage custody provided by Copper Markets AG and staking services from Blockdaemon. This move follows the LSE's guidance for admitting physically-backed crypto ETPs and aims to bridge traditional finance and digital assets. Valour already offers over a dozen crypto-linked ETPs, and this latest product expands their offerings. This development aligns with the recent approval of Ethereum spot ETFs in the US, although without staking rewards. With Ethereum staking yields currently at around 3.19%, this product is expected to gain traction, especially as analysts predict a bull market driven by increased liquidity and positive outcomes in the 2024 elections.



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