21Shares has introduced a new financial product aimed at providing European investors access to Bitcoin. The product features a low management fee and is physically backed.
21Shares Introduces a New Product for Investors
21Shares announced the launch of its new Bitcoin Core ETP specifically designed for European markets. The product is 100% physically backed, offering high security for investors interested in cryptocurrency investments without directly owning Bitcoin. The management fee is just 0.21%, making it a competitive option in the market.
Competing with Major Companies
The launch of Bitcoin Core ETP aligns with other major players like BlackRock, which recently introduced its first Bitcoin ETF in Europe. BlackRock's iShares Bitcoin ETP is now listed in cities like Paris, Amsterdam, and Frankfurt, expanding investment options for European investors.
A New Era for European Investors
Products like these provide new opportunities for investors in Europe to engage with the digital asset market. As the number of available products increases, the cryptocurrency market continues to expand, offering more secure and regulated investment tools.
The launch of 21Shares Bitcoin Core ETP and other major initiatives demonstrates growing investor interest in cryptocurrencies and digital assets. These products allow for secure and accessible Bitcoin engagement.
