Release of Bitcoin Staking Exchange Trade Products (ETP) The London Stock Exchange Core was installed in September 2025, prompting financial circles to debate about the possibility of similar staking exchange toad funds (ETFs) appearing next.
Developed in collaboration with Valor, a subsidiary of Defi Technologies, the ETP allows investors to earn yields while tracking the price of Bitcoin. Staking the core chain. Coridao That itself is shown in a Recent Statements on x Its staking ETFs represent the next phase after the Spot Bitcoin ETF, along with structured products and expanded derivatives markets.
The Bitcoin ETF was step 1.
Next, staking the ETFs, structured products, and expanded derivatives markets.
This is just the beginning. pic.twitter.com/6o5cqzalmw
– Coredao🔶 (@coredao_org) September 23, 2025
This development is consistent with ongoing efforts to integrate Bitcoin into the yield generation mechanism, but regulatory and technical hurdles remain before steaking ETFs can be realized.
More about Bitcoin Staking ETP
Bitcoin Staking ETP, listed on the London Stock Exchange, represents the initial integration of Coridao's technology into regulated financial products. The ETP issued by Valor tracks the market price of Bitcoin and incorporates staking yields from the core chain. Investors can stake the wrapped Bitcoin without transferring confinement to protect their assets in their wallets using the ChickLockTimeVerify (CLTV) time lock feature.
Yields from this staking process were distributed to core tokens and as of May 2024, annual revenues have been reported at 5.65%. The product complies with regulatory standards and is available to both institutional and retail investors through the exchange. Assets are stored in cold wallets managed by custodians such as Bitgo, Copper, and Hex Trust. ETP has a 1.9% management fee, which covers operational costs associated with the staking mechanism.
This ETP is based on Coredao's non-obligatory staking model. There, Bitcoin remains under investor control during the staking period. The minimum lockup time for staked bitcoins is 24 hours. The assets have not been sorted out since then. Additionally, Coredao offers a Dual staking optionscombining Bitcoin with core tokens can increase yield. We also introduced Coredao LSTBTCa liquid staking token developed with partners such as Maple Finance, Bitgo, Copper, and Hex Trust. This token allows staked Bitcoin to remain tradable and usable as collateral, increasing liquidity within the system.
Difference between ETPS and ETF
ETP and ETF share similarities, but differ in structure and regulations. ETPs cover a variety of securities that are traded on exchanges and track underlying assets or indexes, including notes and structured products. Bitcoin Staking ETP with Coredao falls into this category, allowing for complex features such as staking yield.
In contrast, ETFs are certain types of ETPs that comply with more stringent regulations, such as the 1940 U.S. Investment Corporations Act. Typically, you track indexes or asset baskets with low prices and wider accessibility through your broker account. Spot Bitcoin ETFs approved by the US Securities and Exchange Commission (SEC) have accumulated in January 2024 $136 billion in assets By September 2025, however, we are focusing solely on price tracking without staking the elements.
Spot Bitcoin etf aum as of September 25th | Block
While the European market often supports cryptocurrency ETPs due to more flexible regulations, US ETFs require strict compliance with custody and investor protection. These distinctions mean that Core's ETP-to-ETF transition model is adapted to enhanced scrutiny, particularly with a focus on yield generation and asset security.
The feasibility of Bitcoin or Core Staking ETFs
Market demand
Institutional investors, including pension funds and wealth managers, have shown growing interest in cryptocurrency products that offer income streams comparable to traditional dividends and bonds. The Bitcoin Proof of Jobs Consensus essentially does not support staking, unlike proven stake networks such as Ethereum. Coredao addresses this by allowing Bitcoin to participate in Core Chain's Proof-of-Stake validation, generating yield through Validator rewards.
The launch of ETP follows the pattern seen in Ethereum's shift to Shift froot-of-Stake in 2022, which encouraged the influx of piles. In Europe, ETPs for assets such as Ethereum and Solana, as well as memokines such as Dogecoin have gained traction, indicating a receptive market for Bitcoin equipment, including yields.
Technology feasibility
Core's infrastructure supports potential ETF integrations. Non-lawful staking utilizes Bitcoin's CLTV to temporarily lock assets without third-party control, thereby reducing the risk of custody. The LSTBTC token ensures that it remains a stained asset and meets ETF liquidity requirements.
The dual staking model adds flexibility by boosting returns when the core token is paired with Bitcoin. Coredao's ecosystem is also characterized by integration that strengthens its technology foundation. Future Fusion upgrades aim to improve restaking capabilities across the partner chain, and may increase ETF compatibility.
Regulatory Considerations
In the US, SEC's approval of the Spot Bitcoin ETF has shown progress. However, the introduction of staking features introduces complexity. Concerns include validator penalties (thrashing), concentration risk, and liquidity issues related to reimbursement.
European regulators such as the UK Financial Conduct Authority and Germany's Baffin have approved similar products, including Ethereum stake ETPs, such as Bitwise's ET32. This environment facilitates the list of core-mounted ETPs, suggesting that there are fewer ETF barriers. Ethereum stakering ETF proposals, such as those submitted by 21 shares in February 2025, may set precedents.
The Rex-Soprey Ethereum Staking ETF, launched in the US, furthermore demonstrates the evolving acceptance of this technology, but the proof of Bitcoin's work distinguishes it. Meanwhile, the core may be viable in the nearest future.
Development opportunities
ETP offers a tested framework that can be extended to ETFs, especially in Europe where regulatory paths are clearer. Bitcoin's institutional adoption highlights the demand for yield options, as seen in BlackRock's $58 billion ISHARES portfolio.
Additionally, the partnership between Coredao and Custodian and an increase in Bitcoin stocks of over 2,900 are good for scaling. A non-mandatory approach reduces general ETF concerns, and success in Europe could impact US regulators.
Future staking of ETFs is considered a subsequent development after Spot Bitcoin ETFS. Ecosystem metrics, including over 4,800 bets Bitcoin, 19 million unique addresses and key transactions since its inception, demonstrate the platform's ability to support such extensions within Defi applications, such as decentralized exchanges and lending protocols.
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- Valor will debut Bitcoin Staking ETP on the London Stock Exchange. https://www.coindesk.com/markets/2025/09/19/valour-debuts-bitcoin-staking-eTp-on-london-exchange-in-move-outside-mainland-europe
- Core Dao: https://coredao.org/
- Spot Bitcoin ETF assets under management: https://www.theblock.co/data/etfs/bitcoin-etf/spot-bitcoin-etf-assets
- ETF adoption in North America: https://www.chainalsis.com/blog/north-america-crypto-adoption-2025/
- The core launches dual staking: https://news.bitcoin.com/core-launches-dual-staking-with-fusion-upgrade-for-enhanced-btc-yields/
- The Rex-Soprey Ethereum Staking ETF has been released in the US: https://www.businesswire.com/news/home/20250925055445/en/rex-osprey-launches-first-ethereum-staking-etf-in-the-us
