CoinShares
Ethereum
Staking ETP

Ethereum is renowned for its robust blockchain infrastructure, serving as a platform for diverse applications. It acts as both a foundational blockchain and a launchpad for decentralised solutions. As of September 2025, Ethereum has the highest total value locked among all chains, demonstrating its widespread adoption. On top of that, Ethereum is the settlement layer for dozens of secondary networks (Layer 2s), making it a vital part of this new financial industry’s infrastructure. Investing in Ethereum can diversify your portfolio and add volatility, potentially offering high returns. However, past performance does not guarantee future results, and Ethereum can be highly volatile with rapid price fluctuations.Investment in one or more of the CoinShares Products may not be suitable for even a relatively experienced and affluent investor. Investments should be made on the basis of the current prospectus and the Key Information Document, which are available along with further legal documentation on this website.

First of all, one does not exclude the other: Bitcoin and Ethereum are complementary. Bitcoin is the cornerstone of the new economy: reliable, predictable, resilient, and secure, while Ethereum is not only a currency but also the infrastructure that enables decentralized applications, from trading platforms and lending markets to tokenized assets. For investors, that means exposure to Ethereum is more like a bet on the growth of a new financial and technological ecosystem, much as the early internet enabled new services to flourish. It also comes with higher risks and more volatility, but that’s exactly why some see Ethereum as offering greater upside compared to Bitcoin.

A physical Ethereum ETP is an exchange-listed security backed by on-chain Ether held in cold storage. Each unit represents a defined claim on coins stored by a professional custodian. You can see how much crypto is backing your shares by checking the daily Coin Entitlement figure.

Every share of a CoinShares Physical ETP is ‘physically backed’ by an amount of actual cryptocurrency, which is securely stored with a specialised custodian. You can see how much crypto is backing your shares by checking the daily Coin Entitlement figure (i.e. how much crypto each share of an ETP entitles the holder to).

CoinShares stands out as the only issuer that offers investors transparent staking rewards for proof-of-stake crypto assets. We provide a clear system for distributing staking rewards, ensuring that investors have visibility into the process and outcomes, with reduced management fees (0% p.a.)

CoinShares ETPs have a built-in ‘physical redemption’ mechanism, whereby the registered holder of the ETP can make a redemption application to receive physical crypto in return for their ETP holding. Please refer to the ETP Documents page and choose the ‘Physical Redemption’ section for more information.