The asset management company Purpose has launched an Ethereum staking-related ETF, which has been listed and traded on the Canadian Cboe

ChainCatcher news, according to GlobeNewswire, asset management company Purpose Investments announced the launch of the Purpose Ether Stake Corp. ETF, with the code ETHC.B, which began trading today on the Cboe in Canada.

It is reported that this ETF is converted from its Ether Capital and will use proprietary staking technology to provide investors with exposure to Ethereum and returns from Ethereum staking.