21Shares Distributes Ethereum ETF Staking Rewards, Following Grayscale's Lead

21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs), announced on January 7 that its Ethereum spot ETF (Ticker: TETH) will distribute staking rewards. A payment of $0.010378 per share will be made. The record date is set for January 8, with the payment date on January 9. The staking rewards generated from ETH operations will be returned to shareholders. The company is among the world's leading issuers of cryptocurrency ETPs and offers a substantial lineup of altcoin ETPs in the market. In 2018, 21Shares listed the world's first physically-backed cryptocurrency ETP, and over the past seven years, it has introduced cryptocurrency ETPs on major global stock exchanges...