Sygnum, a regulated digital bank, launched the ETH Alpha Fund SP on November 2, targeting 8% to 10% annualized returns denominated in ETH. The fund combines native Ethereum staking with option premiums, cross-platform arbitrage, and funding rate strategies, settling all profit and loss directly in ETH. The product is available exclusively to qualified and professional investors in approved markets such as Switzerland. Institutional investors can also gain ETH exposure through spot Ethereum ETFs.