Asset management firm 21Shares has made a significant move by launching an Ethereum staking product on the London Stock Exchange (LSE). This product, known as 21Shares Ethereum Staking ETP (AETH), allows investors to gain exposure to Ethereum staking and tracking the performance of ETH.

AETH has been available since 2019 and has been listed on various exchanges, including the Nasdaq, SIX Swiss Exchange, and Deutsche Boerse Xetra. It has also been available on several banks and brokerages, such as easybank, Finedon Bank, Interactive Brokers, iBroker, and eToro. The product has a track record of over $500 million in assets under management (AUM).

The unique features of AETH include performance tracking and staking yields, with the staking yield capped at 1.63%. The product is backed by Ethereum and stored in cold storage with an institutional-grade custodian, providing an additional layer of security. Investors can access staking yields with professional risk management, avoiding the need to lock assets.

In conclusion, the launch of 21Shares Ethereum Staking ETP on the LSE marks a significant milestone in driving ETH adoption. With its unique features and track record, AETH offers investors a new way to gain exposure to Ethereum staking, making it an attractive option for those looking to tap into the potential of ETH.