CoinList Launches Fund Allowing Accredited Investors to Earn Returns from Staking
CoinList has announced the launch of a fund that enables accredited investors in the United States to earn returns from staking digital assets. Initially, the financial instrument supports Ethereum and Near staking, with plans to add support for other chains like Flow, Sui, and Mina in the future. This fund provides an alternative way for investors to earn passive income from staking without needing to own the actual digital assets.
The fund operates by pooling similar digital assets together and staking them according to the protocol’s requirements. Investors will receive rewards in the native token of the fund or based on the rules of the protocol they initially purchased fund interests in.
Growth and Decline in Ethereum Staking
Ethereum staking has experienced significant growth following the Merge and Shanghai upgrades. However, this growth has also resulted in a decrease in staking yield.
Hot Take: CoinList Enables Passive Income through Staking
CoinList’s new fund offers a valuable opportunity for accredited investors in the US to generate returns through staking digital assets. By allowing investors to pool their assets and stake them according to protocol requirements, CoinList provides a convenient avenue for earning passive income without directly owning the assets. While Ethereum staking has seen impressive growth, it is important for investors to be aware of the declining staking yield. Nevertheless, this new fund opens up possibilities for diversifying investment strategies and exploring additional crypto chains in the future.