21Shares has introduced four new ETPs for investors, offering access to cutting-edge digital assets.
New 21Shares Products
21Shares, a leading issuer of cryptocurrency exchange-traded products, has added new ETPs to its portfolio. These products will provide exposure to projects such as Pyth Network, Ondo Finance, Render Network, and NEAR Protocol, and will be available on major European exchanges.
Details of Each ETP
1. NEAR Protocol Staking ETP incorporates staking rewards, boosting overall investment returns. NEAR is valued at $6.65, a 21.35% increase over the week. 2. Render ETP offers exposure to RENDER, the token of Render Network, addressing scalability in graphics processing. RENDER's price is $8.22, with an 11.82% increase. 3. Ondo ETP grants investors access to ONDO, powering Ondo Finance, offering tokenized versions of fixed-income assets. ONDO is priced at $1.08, following a 7.55% gain. 4. Pyth Network ETP tracks PYTH, a token providing real-time data for decentralized apps, up 18% to $0.477.
Growing Demand for Crypto Investments
Interest in cryptocurrency products is growing across Europe. 21Shares aims for regulatory clarity, alongside other companies like WisdomTree and Bitwise expanding their digital asset offerings. New regulations like MiCA are supporting this product growth.
The launch of new ETPs by 21Shares aligns with the increasing interest in blockchain and digital asset investments, promising new opportunities for investors in dynamic and innovative sectors.
