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03/22/2024

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Institutions Gain Access to ADA Staking Through New ETP

The U.S. Securities and Exchange Commission (SEC) has given the green light to a Bitcoin ETF, sparking a surge of interest from institutional investors eager to capitalize on the burgeoning blockchain economy.

Institutions Gain Access to ADA Staking Through New ETP

The U.S. Securities and Exchange Commission (SEC) has given the green light to a Bitcoin ETF, sparking a surge of interest from institutional investors eager to capitalize on the burgeoning blockchain economy.

These investors are searching for consistent returns with as little risk as possible. The staking of Proof-of-Stake (PoS) coins has become an appealing option, and its popularity is rising. In Europe, a Cardano ETP has received approval, allowing investors to engage in ADA staking. 

Investors Can Profit From ADA Staking The Switzerland-based protocol Liqwid Finance, in partnership with Issuance.Swiss AG, has launched an ETP. This ETP, known as CASL, not only captures the performance of ADA but also the interest earned by staking ADA coins. 

CASL stands for Cardano Staking ET Read article: Institutions Gain Access to ADA Staking Through New ETP

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