A major step for the pan-European market operator and French investors
Paris | Zurich, 28 Mai 2021 – 21Shares, the world’s most expansive issuer of cryptocurrency ETPs, is admitting to listing three of its ETPs namely on Bitcoin and Ethereum and the short Bitcoin on the regulated market of Euronext Paris on Tuesday, June 1st.
21Shares, a Swiss pioneering issuer of crypto ETPs, is assisting a first in France: the listing of liquid, secure, 100% collateralised financial products backed by the two “stars” of the new crypto-currency asset class, Bitcoin and Ethereum (respectively +39.53% and +265.37% since 1 January 2021). Since it’s world first product launch in November 2018 ( crypto basket HODL ETP), 21Shares has continued to build its unique expertise in the cryptoasset industry, and has made available to investors the largest and most diversified range of crypto trackers in the world, consisting of 14 ETPs and providing research and educational materials on www.21shares.com.
As well as Paris, various other European regulated exchanges have welcomed 21Shares’ crypto ETPs.
Investors can benefit from exposure to crypto-currencies without being held back either by the complex storage process or by the regulatory constraints that apply to crypto asset trading applications. Instead, they can access an ETP following the daily performance of Bitcoin, daily inverse Bitcoin or Ethereum. The latter have performed spectacularly well and have been very popular with institutional investors.
This new development salutes France’s support for blockchain, in particular the efforts of the regulatory authorities to promote the blockchain, fintech and cryptocurrency industry in France recently discussed by French media and the French government.
Laurent Kssis, Managing Director of 21Shares’ ETP business, said: “We are delighted to offer to French investors products that have proven themselves in other European markets where we have listed them in Switzerland, Germany and Austria so far and have gained support due to their institutional grade structures and assets growth. These conventional ETPs will allow investors to diversify their portfolios by adding assets that we believed in before many others, and that we believe are essential in successful portfolio allocation. “
Ophelia Snyder, co-founder and president of 21Shares, added: “June 1 is a milestone for 21Shares, for investors and for France, a country that our French-speaking teams know very well and that we value. We welcome Euronext’s leadership in promoting access to this new asset class using 21Shares under the best conditions of accessibility, transparency and cost. “
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21Shares | Laurent Kssis | +41 44 260 86 60 | [email protected]
About 21Shares – https://21shares.com/
21Shares makes investing in crypto assets as easy as buying shares using your conventional broker or bank. Investors can invest in cryptocurrencies using a conventional ETP structure (or tracker) easily, with total confidence and security and cost-effectively thanks to the 21Shares suite of ETPs now composed of 14 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 Cash 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 Short Bitcoin ETP (SBTC:SW | 21XS:GY), 21Shares Polkadot ETP (ADOT:SW | PDOT:GR), 21Shares Stellar ETP (AXLM SW | XLME GR) and 21Shares Cardano ETP (AADA SW | DADA GY). The entire suite is listed on a regulated framework on the official market of Deutsche Boerse, SIX Swiss Exchange, BX Swiss and some on Börse Stuttgart in CHF, USD, GBP and EUR respectively. Founded in 2018, 21Shares is led by a team of talented serial entrepreneurs and experienced banking professionals from the technology and financial world. Incorporated in Zug, with offices in Zurich and New York, the company has launched several world firsts, including the first listed crypto basket index (HODL) ETP in November 2018. 21Shares has 14 crypto ETPs listed today and has over $1.4 Bn in AuM in total listed products.
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