21Shares has introduced three new ETP products on the Nasdaq Stockholm exchange, offering European investors access to Bitcoin, Solana, and XRP.
Expanding Crypto Investment Opportunities
21Shares has expanded its financial product portfolio by introducing three new cryptocurrency ETPs on the Nasdaq Stockholm exchange. European investors now have regulated access to Bitcoin via CBTC as well as to Solana and XRP through ASOL and AXRP respectively. This move strengthens the cryptocurrency investment sector's position in Europe.
Cost-Effective and Secure Investment
The 21Shares products offer investors access to digital assets at an affordable price. These three products are physically backed by their supporting cryptocurrencies, allowing investors to verify asset ownership through transparent performance records. The Solana ETP additionally offers the opportunity to earn passive income through staking, along with potential price appreciation.
Institutional Adoption and Expansion
21Shares maintains leadership in the cryptocurrency investment sector, managing $7.5 billion in assets across multiple exchanges. There is growing demand for such products, especially from institutions, which fosters the growth of regulated financial instruments in Europe.
21Shares has established itself as a leading provider of regulated cryptocurrency investment products in Europe. The new ETPs reinforce the company's reputation as a reliable and cost-efficient provider of digital assets.