Logo
Cardano Ecosystem

Cexplorer

03/22/2024

·

77 views


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

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Cexplorer

ORIGINAL SOURCE

https://cexplorer.io/article/institution...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Genius Yields DEX Launched!

More from Cexplorer

See more
Exploring Scalability Options of the UTxO Model
Cexplorer
Exploring Scalability Options of the UTxO Model

05/02/2024

·

63 views

Related News

See more
Genius Yields DEX Launched!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)