According to The Data Nerd, the EIF stands out as a game-changer in the realm of Onchain index funds by integrating yield-bearing assets, utilizing institutional-grade custody and administration, and expanding Mantle’s reach into institutional capital flows. This innovative approach distinguishes it from traditional index funds, potentially attracting more institutional investors to the Mantle ecosystem.

According to The Data Nerd, the Mantle Treasury has taken a strategic stake in the EIF, leading to deep integration of Mantle-native assets like mETH, FBTC, and sUSDe. This move is aimed at boosting ecosystem adoption, enhancing liquidity, and generating sustainable revenue for the Treasury.