on CoinShares Digital Securities Limited (isin : GB00BMWB4803)
CoinShares Increases Staking Rewards for Top 10 Crypto ETP
CoinShares Digital Securities Limited has announced an update regarding its staking rewards for the CoinShares Finanzen.net Top 10 Crypto Exchange Traded Product (ETP). Effective 13 January 2025, the company revealed an increase in staking rewards that will affect the class specified in the update. The adjustment will see the Coin Entitlement reduced annually by the management fee of 1.50% minus the newly applied staking rewards of 0.70%, resulting in a net effective management fee of 0.80% per annum.
The announcement adheres to Condition 5.3.2 of the CoinShares Digital Securities Conditions and reflects the issuer's commitment to optimizing returns. The specified class under these terms is identified by ISIN GB00BMY36D37. CoinShares Digital Securities, based in Jersey, continuously updates stakeholders to align with market conditions and enhance investor value.
R. H.
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