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Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange

Figment Europe, an institutional staking services provider, and Apex Group, a global financial services provider based in Bermuda, plan to introduce exchange-traded products (ETPs) that give investors exposure to ether (ETH) and solana (SOL) prices along with additional rewards from staking. The two funds, Figment Ethereum Plus Staking Rewards (ETHF) and Figment Solana Plus Staking Rewards (SOLF), will be 100% backed at all times and will debut on the SIX Swiss Exchange on March 12, the companies said Thursday. The ETPs will provide investors exposure to ether and solana prices and additional staking rewards. MEV is the value derived from reordering transactions.

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