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Firm is the first to give investors access 25 crypto ETPs in Switzerland
Zurich, September 28, 2021 – 21Shares AG (“21Shares”), the world's largest issuer of cryptocurrency ETPs, today announced the listing of two additional cryptocurrency ETPs for a total of 25 listings on the leading Swiss exchange SIX. The new crypto index 21Shares Crypto Basket Equal Weight ETP (Ticker: HODLV) and 21Shares Crypto Basket 10 ETP (Ticker: HODLX). Jane Street will provide seed capital and serve as authorized participant for these two products.
These ETPs emphasize 21Shares' leadership in crypto ETP innovation and its research-driven product development approach:
- 21Shares Crypto Basket Equal Weight ETP (HODLV) is a rules-based passive ETP based on the Vinter 21Shares“HODLV Index”. The HODLV Index tracks the top five eligible crypto assets, all weighted equally and is rebalanced quarterly.
- 21Shares Crypto Basket Index 10 ETP (HODLX) is a rules-based passive ETP based on the Vinter 21Shares“HODLX Index”. The HODLX Index tracks the top ten eligible crypto assets based on current market capitalisation and is rebalanced quarterly.
Investors with a buy-and-hold strategy benefit from a diversified crypto exposure and the ease of buying the product via a bank or a broker on the Swiss exchange SIX. The underlyings are 100% collateralized and custodied in cold storage.
Hany Rashwan, Co-Founder and CEO of 21Shares said,“We are pleased to list 2 additional crypto index ETPs in Switzerland. This development underscores our commitment to our home market and our mission to help investors in a safe manner access crypto assets on regulated exchanges, now and in the future.”
More data-driven insights about largest crypto assets and many others are available on 21Shares website:
As of September 1, 21Shares manages more than $1.8 billion in 15 cryptocurrency ETPs and 79 listings. Including the world's only ETP tracking Binance and two ETPs with investor staking rewards (Tezos and Cardano). Its crypto ETP products are listed on eight regulated European and Swiss trading exchanges.
Paulo Germann, email@example.com
21Shares takes innovation to the next level with the largest suite of cryptocurrency exchange-traded products (ETPs) in the world. In 2018 it pioneered the world's first cryptocurrency index listing on the SIX Swiss Exchange, and it continues powering its cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with an easy, secure, and regulated way to buy, sell, and short cryptocurrency through existing bank and brokerage accounts. The 21Shares issuance platform, Onyx, is used by both 21Shares and third parties to issue and operate cryptocurrency ETPs around the world.
For more information, visit .
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Tags #21Shares #HODL ETP #HODLV HODLX #Vinter #janestreet Related Links
- 21Shares Website
- 21Shares Research
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