Golden Finance reported that after launching an ETF holding Ethereum cryptocurrency, Nomura Holdings' digital asset unit plans to offer a higher-yield alternative that includes key components that U.S. issuers may have missed to help win regulatory approval. Laser Digital, a subsidiary of Nomura Securities, plans to launch the fund in early September with the support of Galaxy Digital and cryptocurrency startup Dinero. The fund will be open to so-called qualified investors, such as hedge funds and private investment offices, rather than retail buyers. Laser Digital sees the fund as an alternative to Ethereum ETFs, providing institutional investors with an opportunity to get in touch with Ethereum's "arbitrage component."