CoinShares Is Launching an Exchange-Traded Ethereum Product

CoinShares, a St. Helier, Jersey-based digital-asset investment house with over $4 billion under management, is launching a physically backed, exchange-traded Ethereum product.

• CoinShares Physical Ethereum is the second ETP to be released on the firm’s institutional-grade ETP platform following the launch of its CoinShares Physical Bitcoin (Ticker: BITC) product in January. It will be listed under the ticker ETHE on the SIX Swiss Exchange and has a base fee of 1.25%. Komainu will serve as custodian.
  • “Bringing innovative products like ETHE allows us to continue setting the industry standard for trust and transparency and provide institutions with easy access to ...