Nomura Crypto Unit to Offer High Yielding Ether ETF Alternative

On the heels of the launch of ETFs that hold the Ethereum cryptocurrency, Nomura Holdings Inc.’s digital-asset unit plans to offer a higher yielding alternative that includes a key component US issuers likely left out to help win regulatory approval.

The Ether ETFs didn’t include staking, a process where investors can earn passive income by temporarily making their tokens available to the Ethereum network to use in helping validate transactions.

Nomura’s Laser Digital plans to launch the fund by early September with support from Galaxy Digital and crypto startup Dinero. It will be open to so-called accredited investors such ...