Odaily News: Digital asset management company 3iQ announced that The Ether Fund and 3iQ Ether ETF will begin offering staking services to clients on or around August 28, 2023, making them the world's first ETFs to provide such services. 3iQ has partnered with its custodian, Coinbase Custody, to facilitate secure staking activities for the funds.



According to 3iQ, the staking services will provide opportunities for income enhancement to the funds and their unit holders. Through staking, the funds will receive rewards in the form of ETH, which will be reflected in the funds' net asset value (NAV) as appreciation income, while also increasing the funds' exposure to ETH.