# CoinShares Is Launching An Exchange-Traded Ethereum Product By Coinness Canonical URL: https://www.tokenpost.com/news/investing/6862 Published: 2021-02-24T10:00:04.000Z Updated: 2021-02-24T10:00:04.000Z Section: Investing > CoinShares, a St. Helier, Jersey-based digital-asset investment house with over $4 billion under management, is launching a physically backed, exchange-traded Ethereum product. CoinShares Physical Ethereum is the seco… CoinShares, a St. Helier, Jersey-based digital-asset investment house with over $4 billion under management, is launching a physically backed, exchange-traded Ethereum product. CoinShares Physical Ethereum is the second ETP to be released on the firm’s institutional-grade ETP platform following the launch of its CoinShares Physical Bitcoin (Ticker: BITC) product in January. It will be listed under the ticker ETHE on the SIX Swiss Exchange and has a base fee of 1.25%. Komainu will serve as custodian. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)