21shares Launches World’s First Crypto Staking Index ETP
The 21Shares Staking Basket Index ETP, the first cryptocurrency staking index ETP to offer exposure to staking rewards, was announced by 21Shares. The index will be rebalanced twice a year, in March and September, to take market changes into account.
The index is the first-ever collection of digital assets to follow the performance of the underlying staked coins through a single ETP while offering exposure to staking incentives. Together with Swedish index provider Vinter, the staking index technique for this product was developed. The company added that among the cryptocurrencies that are tracked by the 21Shares Staking Basket Index ETP are Binance Coin, Cardano, Cosmos, Polkadot, Solana, and Tezos.
Source
https://t.me/DeFi_Ethereum
