CoinShares Unveils BNB Staking ETP With On-Chain Rewards and No Management Fees

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TL;DR: CoinShares listed the CBNB staking ETP on the SIX Swiss Exchange, pairing 0% management fees with a projected 0.25% annual staking yield. The product is physically backed, with BNB held in custody and staked on BNB Smart Chain, aiming to close the yield gap seen in earlier ETPs.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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