07:46 AM EDT, 06/11/2025 (MT Newswires) -- CI Global Asset Management, a unit of CI Financial ( CIXXF ) , an asset and wealth management company, on Wednesday announced a proposal to introduce a staking strategy to CI Galaxy Ethereum ETF (ETHX-B.TO, ETHX-U.TO), Canada's largest ETF investing directly in the Ether digital currency.

The company said it believes the proposal to stake a portion of the Ether tokens (ETH) held within the ETF's portfolio will benefit unitholders by enhancing the total return of the ETF. It intends to take a measured approach by initially allocating up to 50% of the ETF's ETH holdings to staking.

Galaxy Asset Management (GLXY.TO), the sub-advisor to the ETF, has been engaged to facilitate the staking arrangements.

Shares of CI Financial ( CIXXF ) closed unchanged at $31.52 on Tuesday on the Toronto Stock Exchange.