The digital asset management company 3IQ will launch Ethereum staking services for its two funds

ChainCatcher news, digital asset management company 3IQ announced that it will launch Ethereum staking services for its two funds, "Ether Fund" and "3iQ Ether ETF," and will begin offering staking services to clients around August 28. 3iQ will use Coinbase Custody's institutional staking infrastructure to support ETH staking in these products.

It is reported that this new service allows investors to earn returns through Ethereum staking, which will be reflected in the fund's net asset value (NAV) through appreciation, while increasing the fund's exposure to ETH. (Source link)