Nomura’s crypto unit to offer yield-bearing ETH fund: Report

Accredited investors will soon be able to tap into a yield-bearing ETH fund

article-image

Shutterstock AI modified by Blockworks

share

Swiss-based Laser Digital, the digital asset subsidiary of Japanese investment bank Nomura, is reportedly planning to introduce an alternative to spot ETH ETFs.

Unlike the nine ether ETFs launched three days ago, Laser Digital’s ETH fund would generate yield and accrue rewards from the underlying Ethereum blockchain network, according to Bloomberg.

These rewards are made up of the same token emissions and maximal extractable value (MEV) that is accrued by Ethereum validators running their own node, or users staking ETH with a liquid staking platform like Lido. It’s a notably absent element with the current ETH ETFs.

Read more: Proposed ether ETFs would not stake their ETH, new filings clarify

According to Bloomberg, Galaxy Digital will potentially assist Laser Digital in running the validator nodes that generate the yield for investors.

The product is planned to be available only to non-US accredited investors in early September. Nomura previously launched an ETH-focused fund in late 2023. 

The firm wasn’t immediately available to comment when reached. 

Interest in crypto by traditional finance investors has been slowly but steadily increasing. In a recent EY survey, 55% of 270+ institutional investors claimed they planned to allocate capital to crypto over the next two to three years.

Laser Digital’s suite of crypto products already includes a Bitcoin Adoption Fund, Ethereum Adoption Fund and Polygon Adoption Fund — all institutional products for accredited investors to gain BTC/ETH/MATIC exposure.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the Forward Guidance newsletter.

Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 18 - 20, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

recent research

Unlocked Advisory-min.png

Research

This report distills Blockworks Advisory’s research on incentive programs and their analysis, offering a foundation for designing future initiatives and advancing industry-wide standards. By highlighting key lessons and methodologies, we aim to empower protocols to make informed, data-driven decisions.

article-image

Bitcoin is now the “seventh most valuable asset in the world by market cap, just behind the likes of Google and Amazon,” GSR’s Brian Rudick said

article-image

Many analysts expected bitcoin to top $100K before year-end, though it’s been on a post-election tear

article-image

Will investors take a 10% lower return to get access to a regulated investment wrapper?

article-image

Brian Armstrong called out the hire of Gurbir Grewal, who had been the SEC’s enforcement division director since 2021

article-image

Certain senators will be interested to learn about Atkins’s private sector business interests, specifically those related to crypto

article-image

Innovative smart debt and collateral features are fueling Fluid’s rise to $1.2 billion TVL, reshaping the Instadapp brand