WisdomTree has enabled Staking refers to the process of participating in the proof-of-stake (PoS) consensus mechanism of a cryptocurrency's blockchain by holding and "staking" a cryptocurrency in a wallet to support the operations of the network. This includes validating transactions and securing the network. In return for staking their coins, participants often receive additional coins as rewards. Key Points: • Proof-of-Stake (PoS): Staking... More for its WisdomTree Physical Ethereum (ETHW) exchange-traded product (ETP), which is backed by physical ether. ETHW, with $39 million in assets, can now participate in the Ethereum network’s staking to validate transactions and earn annual rewards ranging from 4% to 8%. The ETP was launched in 2021 and is listed on multiple European stock exchanges. This development follows Ethereum’s shift to a proof-of-stake Consensus is a mechanism used in blockchain and distributed ledger technologies to achieve agreement on a single data value or a single state of the network among distributed processes or systems. It ensures that all participants in a decentralized network agree on the validity and order of transactions. Types of Consensus Mechanisms: • Proof of Work (PoW): Participants (miners) solve... More mechanism, enabled by the shapella upgrade, which allows for the withdrawal of staked ether and related rewards. Mirva Anttila, Director of Digital Assets Research at WisdomTree, highlighted the successful implementation of a risk-managed approach to provide staking rewards to investors.