Purpose Investments Inc. has officially launched the Purpose Ether Staking Corp. ETF (ETHC.B), marking a significant evolution in accessible digital asset investment. Formerly known as Ether Capital Corporation, the newly converted ETF began trading on Cboe Canada under the ticker ETHC.B, offering investors a regulated and liquid way to gain exposure to ether (ETH) and earn staking rewards.
This strategic transformation reflects growing demand for simplified, secure, and compliant pathways into cryptocurrency staking—without the technical barriers or high capital requirements traditionally associated with direct participation.
👉 Discover how you can start earning staking rewards with minimal entry barriers.
A Milestone in Digital Asset Accessibility
The launch of the Purpose Ether Staking Corp. ETF represents Purpose Investments’ fifth addition to its industry-leading suite of digital asset products—and its first ETF focused on ether staking. By converting Ether Capital Corporation into an ETF structure, Purpose enhances investor access while maintaining strong governance, transparency, and daily liquidity.
Ether staking involves locking up ETH to support the Ethereum network’s proof-of-stake consensus mechanism, helping validate transactions and secure the blockchain in exchange for rewards. Historically, individual staking required a minimum of 32 ETH—valued at tens of thousands of dollars—as well as technical know-how and infrastructure management.
Now, through the ETF, investors can participate in staking with a fraction of that amount and enjoy daily tradability on a public exchange.
“We've always been excited about ether and what the technology and ecosystem represent,” said Som Seif, founder and CEO of Purpose Investments. “Initially, a corporate structure was the best option; now we believe an ETF is the most efficient.”
How the ETF Simplifies Ether Staking
Unlike traditional staking setups, the Purpose Ether Staking Corp. ETF eliminates common hurdles:
- Low barrier to entry: No need for 32 ETH or self-managed validator nodes.
- Daily liquidity: Shares trade on Cboe Canada, allowing investors to buy or sell anytime.
- Regulatory oversight: As a publicly listed ETF, it offers transparency, compliance, and third-party custody via Gemini.
- Institutional-grade security: Assets are held by regulated custodians, reducing counterparty risk.
Initially, Purpose plans to stake up to 50% of the fund’s ether holdings, balancing yield generation with operational flexibility. The remaining portion will remain liquid to meet redemption demands and market opportunities.
Staking rewards are reinvested into the fund, compounding returns over time. This dual-benefit model allows investors to benefit from both ether price appreciation and passive income through staking yields—all within a familiar, regulated investment vehicle.
Core Keywords:
- Ether staking
- Ethereum ETF
- Cryptocurrency investment
- Staking rewards
- Digital asset ETF
- Regulated crypto fund
- Passive income crypto
- ETF liquidity
Why This ETF Matters for Investors
For retail and institutional investors alike, the Purpose Ether Staking Corp. ETF bridges the gap between traditional finance and decentralized networks. It delivers:
- Ease of access: Buy shares like any other stock through a brokerage account.
- Reduced complexity: No need to manage private keys, validators, or slashing risks.
- Transparency: Regular reporting and audited holdings ensure trust.
- Scalability: Ideal for portfolios seeking diversified exposure to digital assets.
Vlad Tasevski, Head of Asset Management at Purpose, emphasized the broader mission:
"This represents a huge milestone in our mission to lead and democratize access to the digital assets space... We're providing investors with a powerful tool that combines the benefits of staking with the robust oversight, transparency, and liquidity that an ETF structure provides."
Purpose Unlimited Inc., parent company of Purpose Investments, powers the staking operations using proprietary software developed from Ether Capital’s years of operational experience.
👉 Learn how institutional-grade staking infrastructure can enhance your investment strategy.
Part of a Broader Crypto Innovation Ecosystem
The new ETF joins Purpose’s globally recognized crypto product lineup, which includes:
- The world’s first spot bitcoin ETF
- The world’s first spot ether ETF
These pioneering funds have helped position Canada as a leader in regulated digital asset investing. Beyond product innovation, Purpose is committed to investor education through its Crypto Corner platform—an online resource hub explaining blockchain fundamentals, market trends, and investment strategies in plain language.
This educational focus supports long-term adoption by empowering users with knowledge, not just access.
Fee Waiver Incentive for Early Adopters
To celebrate the ETF’s launch, Purpose has waived management fees for the first three months—ending September 17, 2024. This provides cost-effective entry for early investors looking to test exposure to ether staking without added expense drag.
While fee structures post-waiver will return to standard rates, this gesture underscores Purpose’s commitment to lowering adoption friction and rewarding initial trust in the product.
Frequently Asked Questions (FAQ)
Q: What is ether staking?
A: Ether staking is the process of locking up ETH to help secure the Ethereum network through its proof-of-stake mechanism. In return, participants receive rewards in the form of additional ETH.
Q: How does this ETF differ from holding ETH directly?
A: The ETF offers exposure to ETH price movements plus staking rewards—all within a regulated, liquid exchange-traded fund. You avoid technical setup, high minimums (like 32 ETH), and illiquidity issues tied to solo staking.
Q: Is my investment guaranteed?
A: No. Like all investment funds, values fluctuate based on market conditions. The ETF is not insured or guaranteed by any government agency.
Q: Can I sell my shares anytime?
A: Yes. Unlike traditional staking locks, ETF shares trade daily on Cboe Canada under ticker ETHC.B, offering full liquidity.
Q: Who manages the underlying staking operations?
A: Purpose Unlimited Inc. operates the staking infrastructure using proprietary technology refined over years through Ether Capital Corporation.
Q: Are staking rewards distributed directly?
A: Rewards are reinvested into the fund to compound growth rather than paid out as dividends.
👉 See how you can earn compounded returns through secure staking mechanisms.
Final Thoughts
The conversion of Ether Capital Corporation into the Purpose Ether Staking Corp. ETF signals a maturing digital asset market—one where innovation meets regulation, accessibility meets security, and passive income meets long-term growth potential.
As Ethereum continues to evolve as a foundational layer for decentralized applications, DeFi, and Web3 innovation, products like this ETF make it easier than ever for mainstream investors to participate confidently.
With strong backing from experienced leadership, institutional partnerships, and a proven track record in crypto-first financial products, Purpose Investments continues to shape the future of digital asset investing—one accessible step at a time.