The newly launched products include 21Shares BTC Core ETP (CBTC), 21Shares Solana Staking ETP (ASOL), and 21Shares XRP ETP (AXRP).
Source: cryptoslate
Translation: Blockchain Knight
According to an announcement on March 24, asset management company 21Shares has further expanded its business footprint in Europe by launching three new crypto asset exchange-traded products (ETPs) on the Nasdaq Stockholm exchange.
The newly launched products include 21Shares BTC Core ETP (CBTC), 21Shares Solana Staking ETP (ASOL), and 21Shares XRP ETP (AXRP).
With the listing on the Nasdaq Stockholm exchange, 21Shares has extended its market coverage beyond its existing major European exchange operations.
Currently, the company offers crypto ETP products on eleven major platforms, including Nasdaq, the Swiss Exchange (SIX Swiss Exchange), and Euronext Amsterdam.
Meanwhile, considering the positive performance of this asset class in other markets, 21Shares' move in Sweden is not surprising.
Over the past year, BTC ETPs have significantly outperformed traditional ETFs in the U.S., attracting record inflows during the reporting period.
At the same time, as U.S. regulators actively consider launching spot ETF products featuring assets like Solana and XRP, investor optimism around these digital assets continues to rise.
21Shares positions its newly listed ETPs as transparent and regulated tools that allow European investors to gain direct, physically-backed exposure to crypto assets.
The company stated that each product is designed to simplify the portfolio diversification process for investors, directly linking them to the underlying crypto assets.
Notably, the management fee for the CBTC product is only 0.21%, making it attractive for investors to gain BTC exposure at a lower cost.
Meanwhile, the ASOL product allows investors to directly participate in staking rewards, thereby increasing the potential returns on their Solana holdings.
Additionally, AXRP provides investors with the opportunity to access XRP, particularly emphasizing the growing application of XRP in global payment solutions.
Mandy Chiu, Head of Financial Product Development at 21Shares, stated that the launch of these products comes at a critical time when European regulation is making significant progress.
Chiu explained that interest from European institutional investors is accelerating due to the clearer regulatory environment provided by the Markets in Crypto-Assets (MiCA) framework.
Chiu added, "This year is a breakthrough moment for crypto assets in Europe, as the MiCA regulatory framework brings increasing confidence and significantly boosts institutional participation. Our listing on the Nasdaq Stockholm exchange reflects our ambition to simplify crypto asset investment for European investors."
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。