According to BlockBeats, on July 29, 21Shares US LLC, a subsidiary of 21Shares AG, has integrated Chainlink Proof of Reserves on the Ethereum mainnet. This integration aims to enhance the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (CETH).

The CETH ETF is physically backed by Ethereum and tracks the performance of the cryptocurrency. This move is expected to provide greater clarity and assurance to investors regarding the reserves supporting the ETF.