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Morning Edition · Sunday, August 16, 2026Published at 1:37 AM EDT · New York
A Staked Ethereum Fund Met $48 Million of Redemptions While Keeping 86 Percent of Its Ether Locked
The 21Shares product reported no failed or delayed orders in the first half, but its own filing names unbonding delay as the constraint that could break that record.
The 21Shares Ethereum exchange-traded fund, which trades under the ticker TETH, sold 21,125 ether to fund $48.4 million of cash redemptions in the first half of the year and finished June with 86.42 percent of its ether staked, according to…
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