21Shares, a distinguished international issuer of cryptocurrency exchange-traded merchandise (ETPs), has expanded its footprint within the Nordic market by cross-listing 5 new crypto ETPs on Nasdaq Stockholm.
This transfer will increase its whole providing on the Swedish alternate to 10 merchandise, solidifying its place as a number one crypto funding supplier in Europe.
The newly listed ETPs embrace Uniswap (AUNI), Avalanche (AVAX), Bitcoin Gold (BOLD), Solana Core Staking (CSOL), and Ethereum Core (ETHC).
These new merchandise are added alongside 5 present ones already buying and selling on Nasdaq Stockholm: Bitcoin (ABTC), Ethereum (AETH), Solana (ASOL), XRP (AXRP), and Bitcoin Core (CBTC).
Rising Product Portfolio Throughout Europe
21Shares has prevailed a great fame in Europe the place it has been listed on the main exchanges equivalent to Euronext Paris, Euronext Amsterdam, the London Inventory Trade, and SIX Swiss Trade.
This transfer to the Swedish market highlights the companies dedication into accessible and managed crypto publicity to each institutional and retail buyers.
All of the merchandise offered by 21Shares are absolutely collateralized and are traded inside a regulated setting, which eliminates the need of buyers to take care of crypto wallets in addition to keys.
The ETPs are aimed to supply quick access to digital property in a well known and secure type.
Mandy Chiu, Head of Monetary Product Improvement at 21Shares, acknowledged, “We purpose to broaden investor entry to crypto by easy, cost-efficient merchandise provided on trusted platforms.” She additionally highlighted that these new listings assist buyers tailor portfolios utilizing single-asset and thematic crypto methods.
Strategic Development and Future Plans
The motion follows the current European debut of the Hedera (HBAR) ETP and the Cronos (CRO) ETP on Euronext exchanges. These adjustments point out the continued enlargement technique of 21Shares to have its presence in the important thing European monetary hubs.
The corporate, additionally, has many crypto ETFs below progress to acquire regulatory assist in america. Prompt can be Solana (SOL) funds, Ripple (XRP), Dogecoin (DOGE), Polkadot (DOT), and Sui (SUI).
As their annual charges range between 0.21 to 2.50 %, 21Shares is competent amongst a pool of crypto ETPs. Its large product providing helps it to fulfill the investor’s must have safe and environment friendly crypto publicity through the normal monetary exchanges.