Product break down – Pie Chart
21Shares listing of ETPs
22 February 2021 – Zürich – The Swiss pioneering fintech ETP issuer, 21Shares AG has formally handed the $1 billion mark in property underneath administration throughout its diversified 12 crypto asset ETPs. In simply over 2 years, 21Shares AG has witnessed a 200-fold enhance in its property and joined the choose elite ETF/ETP issuer listing with over $1 billion in property.
The success of the Swiss startup can largely be attributed to 2 phenomena:
- A fast appreciation and acceptance from institutional buyers within the crypto asset business. Since its lows of USD$ 5,000 in March 2020, Bitcoin has grown to over $55,000 in February 2021. Moreover, the utilization of the Ethereum community has elevated from $950 million to over $43 billion in the identical time interval. The exorbitant progress in asset costs has sparked demand globally from institutional buyers on this area of interest asset class.
- It’s confirmed observe document itemizing physically-backed ETPs provides retail and institutional buyers secure, handy and quick access to cryptocurrencies by way of a well-known construction. Establishments in Europe and elsewhere favor the institutional-grade construction of the Swiss ETP over certificates so as to achieve publicity in essentially the most environment friendly and most secure option to Bitcoin and different cryptocurrencies. The Swiss ETP construction – first utilised by 21Shares AG by way of the HODL crypto basket ETP – shares many traits of conventional ETF constructions similar to an authorized EU prospectus, itemizing on regulated European exchanges, open ended utilizing creations/redemptions to forestall premiums and reductions, full segregation and collateralisation of the underlying property and utilising many ETF market makers for intraday liquidity. Because the Swiss ETP construction shouldn’t be constrained by the UCITs diversification necessities, it’s ideally suited to present buyers secure entry to extra nascent and desired asset courses.
“We’re extraordinarily excited to have reached a crucial milestone in such a brief time period. The expansion in 21Shares ETP’s enterprise is essentially because of the unbelievable efforts of our group and the loyalty and belief of our buyers.” stated Ophelia Snyder, co-Founder and President of 21Shares.
Since its inception, 21Shares has launched a complete of 12 completely different crypto asset trackers on all regulated exchanges within the D-A-CH area. The corporate is the one issuer that presently has an Ethereum ETP (AETH) on 2 regulated inventory exchanges and three regulated trade segments providing the bitcoin ETP. No different crypto issuer has such a complete providing on regulated markets. It owns over 90% of the market share of crypto basket ETPs and its newest product, the polkadot ETP has gathered over $25million in 15 days, demonstrating the immense reputation of the 21Shares suite of crypto ETPs. It was additionally the primary issuer to listing the XRP ETP (AXRP) which underneath its present regulatory scrutiny continues to be listed and traded underneath regular market circumstances. It gained on the spot recognition for itemizing the World first quick bitcoin ETP (SBTC) which can be centrally cleared for added compliance help on the Frankfurt Inventory trade. It’s the solely issuer to have 9 crypto ETPs admitted to buying and selling on the Stuttgart trade.
“With such institutional demand wanting to realize publicity to crypto by way of an ISIN, it took us lower than two weeks from saying $500 million in AuM to now exceeding $1 billion. It’s quickly turning into considered for a lot of wealth managers, personal banks, household places of work and people to allocate to crypto property. We count on to achieve even higher heights in 2021 throughout each our AuM at 21Shares in addition to throughout the crypto ecosystem.” commented Hany Rashwan, CEO of 21Shares.
About 21Shares
21Shares makes investing in crypto property as straightforward as shopping for shares utilizing your typical dealer or financial institution. Traders can spend money on cryptocurrencies utilizing a traditional ETP construction (or tracker) simply, with whole confidence and safety and cost-effectively due to the 21Shares suite of ETPs now composed of 12 Crypto ETPs : the 21Shares Crypto Basket Index ETP (HODL:SW), 21Shares Bitcoin (ABTC:SW | 21XB:GY), 21Shares Ethereum (AETH:SW), 21Shares XRP (AXRP:SW | 21XX:GR), 21Shares Bitcoin Money ETP (ABCH:SW), 21Shares Binance ETP (ABNB:SW), 21Shares Tezos ETP (AXTZ:SW), 21shares Bitcoin Suisse ETP (ABBA:SW), 21Shares Bitwise 10 ETP (KEYS:SW), Sygnum Platform Winners Index ETP (MOON:SW), 21Shares Brief Bitcoin ETP (SBTC:SW | 21XS:GY) and 21Shares Polkadot ETP (ADOT:SW | PDOT:GR). Your complete suite is listed on a regulated framework on the official market of Deutsche Boerse, SIX Swiss Change, BX Swiss, the Wiener Boerse and MTF on Börse Stuttgart in CHF, USD, GBP and EUR respectively. Based in 2018, 21Shares is led by a group of gifted serial entrepreneurs and skilled banking professionals from the expertise and monetary world. Integrated in Zug, with places of work in Zurich and New York, the corporate has launched a number of world firsts, together with the primary listed crypto basket index (HODL) ETP in November 2018. 21Shares has 12 crypto ETPs listed in the present day and has over $1.008 billion in AuM in whole listed merchandise.
Press Contact
Laurent Kssis +41 44 260 8660 press@21Shares.com
Disclaimer
This doc and the data contained herein usually are not for distribution in or into (straight or not directly) the US, Canada, Australia or Japan or another jurisdiction by which the distribution or launch can be illegal. This doc doesn’t represent a proposal of securities on the market in or into the US, Canada, Australia or Japan. This doc doesn’t represent a proposal to promote, or a solicitation of a proposal to buy, any securities in the US. The securities of 21Shares AG to which these supplies relate haven’t been and won’t be registered underneath the US Securities Act of 1933, as amended (the “Securities Act”), and will not be supplied or bought in the US absent registration or an relevant exemption from, or in a transaction not topic to, the registration necessities of the Securities Act. There is not going to be a public providing of securities in the US.This doc is just being distributed to and is just directed at: (i) to funding professionals falling inside Article 19(5) of the Monetary Providers and Markets Act 2000 (Monetary Promotion) Order 2005 (the “Order”); or (ii) excessive web value entities, and different individuals to whom it could lawfully be communicated, falling inside Article 49(2)(a) to (d) of the Order (all such individuals collectively being known as “related individuals”); or (iv) individuals who fall inside Article 43(2) of the Order, together with present members and collectors of the Firm or (v) another individuals to whom this doc will be lawfully distributed in circumstances the place part 21(1) of the FSMA doesn’t apply. The Securities are solely out there to, and any invitation, provide or settlement to subscribe, buy or in any other case purchase such securities can be engaged in solely with, related individuals. Any one who shouldn’t be a related individual shouldn’t act or depend on this doc or any of its contents. In any EEA Member State (apart from the Austria, Belgium, Denmark, Finland, France, Germany, Nice Britain, Eire, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden) that has applied the Prospectus Regulation (EU) 2017/1129, along with any relevant implementing measures in any Member State, the “Prospectus Regulation”) this communication is just addressed to and is just directed at certified buyers in that Member State inside the that means of the Prospectus Regulation. Solely for potential buyers in Austria, Belgium, Denmark, Finland, France, Germany, Nice Britain, Eire, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden the 2019 Base Prospectus (EU) is made out there on the Issuer’s web site underneath www.21Shares.com. The approval of the 2019 Base Prospectus (EU) shouldn’t be understood as an endorsement by the SFSA of the securities supplied or admitted to buying and selling on a regulated market. Eligible potential buyers ought to learn the 2019 Base Prospectus (EU) and the related Ultimate Phrases earlier than investing choice so as to perceive the potential dangers related to the choice to spend money on the securities. You’re about to buy a product that isn’t easy and could also be obscure. This doc shouldn’t be a proposal to promote or a solicitation of a proposal to purchase or subscribe for securities of 21Shares AG. Neither this doc nor something contained herein shall kind the idea of, or be relied upon in reference to, any provide or dedication in any way in any jurisdiction. This doc constitutes commercial inside the that means of the Swiss Monetary Providers Act and never a prospectus. Copies of the present Base Prospectus dated 13 November 2020 can be found freed from cost from the web site of the Issuer. Topic to relevant securities legal guidelines, the Base Prospectus and the ultimate phrases of any product talked about herein will be obtained from 21Shares AG on the web site. Copies of this doc will not be despatched to jurisdictions, or distributed in or despatched from jurisdictions, by which that is barred or prohibited by regulation. The knowledge contained herein doesn’t represent a proposal to promote or the solicitation of a proposal to purchase, in any jurisdiction by which such provide or solicitation can be illegal previous to registration, exemption from registration or qualification underneath the securities legal guidelines of any jurisdiction.
