Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange
Summary
Figment Europe and Apex Group will launch exchange-traded products (ETPs) on the SIX Swiss Exchange on March 12, offering exposure to ether (ETH) and solana (SOL) prices, along with staking rewards. The ETPs will reinvest staking yields to enhance performance and will be 100% backed at all times. These products aim to provide accessibility to staking rewards for a wide audience, particularly appealing to conservative institutions. The ETPs are structured to bypass complexities involved in staking as individuals and will charge a management fee of 1.5%.
