CoinShares Physical Cardano Staked ETP

A 100% physically-backed, zero-fee ETP providing secure and transparent exposure to the Cardano network’s native asset, ada, plus additional staking rewards of 2.00% p.a.

Factsheet

01Product

Best-in-class
Cardano ETP

As convenient as it gets

With CoinShares Physical Cardano Staked ETP, access Cardano exposure right through your favourite investment platform. Keep all your investments in one place.

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100% physical

CoinShares Cardano Staked ETP is 100% physically backed by Cardano. For each investment in Cardano , the very same amount is bought in ADA and stored on an institutional-grade custodian, Komainu.

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0% management fees and additional staking rewards

A first in the crypto ETP industry. CoinShares' Staked ETPs are built to allow the Issuer to share staking rewards with investors. Management fees are also reduced to 0%p.a.

Learn more about staking

Fully transparent

CoinShares Physical Staked ETPs' reserves, verified by The Network Firm, are publicly available. This proof of reserves ensures products are always backed by the appropriate amount of underlying digital asset(s).

Check CoinShares ETPs holdings in real-time

Product ID

Product name
Ticker
ISIN

Key Information

Documents Available

Factsheet
KID
Prospectus
Final terms

CoinShares Physical Cardano Performance

02 Performance

YTD

Since Inception

Key risks

Investor's capital is at risk and investors may lose part or all of their investment. Crypto ETPs are complex products that can be difficult to understand. These figures refer to the past and past performance is not a reliable indicator of future returns.

Trading Information

03Trading

Country

Exchange

Trading Currency

Bloomberg Code

Isin

WKN

Listing Date

Germany
Xetra
EUR
CSDA GY Equity
GB00BNRRF659
A3GVCX
2022-03-11
Switzerland
SIX Swiss Ex
USD
ADAS SE Equity
GB00BNRRF659
A3GVCX
2022-06-10

04Details

Structure

Key service providers

Legal & tax

Domicile	Jersey
legalStructure	Debt Security (ETP)
replicationMethod	Physical

Buy CoinShares Physical Cardano Staked ETP through your favourite broker

01 — Copy product ID

Copy the ISIN or Ticker of CoinShares Physical Cardano Staked ETP. This information is essential to identify the correct product.

02 — Open your broker account

Add crypto to your portfolio while using your existing account or create a new one.

03 — Search for the product

On your broker account, search for the product by pasting its ISIN or Ticker and select it.

04 — Enter order details

Set the number of ETP shares you wish to buy, review your order and confirm the trade.

How much Cardano do I need to stake?

If you're considering staking Cardano directly on the blockchain, it's important to note that different platforms may have varying minimum thresholds. Regardless, the process typically involves purchasing ADA on a cryptocurrency exchange, transferring your tokens to a wallet, and completing transactions to initiate staking. Alternatively, the CoinShares Physical Staked Cardano ETP offers a convenient solution by automatically purchasing and staking real ADA according to your investment. The minimum investment required to access staking through the CoinShares Physical Staked Cardano ETP may vary depending on your chosen investment platform, but it typically is 1 share (or unit) of the ETP.

How risky is staking Cardano?

Staking Cardano (ADA) is generally considered to be low-risk, keeping in mind this asset can be volatile. The Cardano network’s proof-of-stake consensus mechanism reduces the risk of centralization and provides rewards to participants for securing the network. When it comes to gaining exposure to Cardano and its staking rewards through CoinShares Physical Staked Cardano ETP, this product is physically-backed, features a bankruptcy remote structure and is designed in the interest of investors. Learn more about CoinShares Physical Staked ETPs in our dedicated articles.