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Purpose to launch Ethereum staking-related ETF, listed and traded on Cboe

Asset manager Purpose Investments announced the launch of the Purpose Ether Stake Corp. ETF, code ETHC. B, which begins trading today on the Chicago Board Options Exchange (Cboe). The ETF, converted from its Ether Capital, will use proprietary staking technology to provide investors with exposure to Ethereum and a return on Ethereum staking.