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Purpose Investments Unveils New Ether Staking ETF Following Conversion of Ether Capital Corporation into an ETF
June 17, 2024---Purpose Investments will continue the industry leading work that Ether Capital Corporation has done in building a strong ether staking capability that's accessible to all investors
Purpose Investments Inc. ("Purpose") is proud to announce the launch of the Purpose Ether Staking Corp. ETF (the "ETF" or "ETHC.B"), formerly Ether Capital Corporation ("Ether Capital"), following Ether Capital's shareholder vote that approved its conversion into an ETF managed by Purpose and completion of the related transaction.
The ETF will harness proprietary staking technology to offer investors exposure to ether and staking rewards from the ether network. The EFT’s shares will begin trading today on Cboe Canada under the ticker ETHC.B.
Key Points at a Glance
The ETF marks Purpose's fifth addition to its world-renowned digital assets lineup and its first ETF to offer ether staking.
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Source: Purpose Investments Inc.
