HomeNews StoriesPolicy21Shares Expands in Europe with Three New Listings on Nasdaq Stockholm

21Shares Expands in Europe with Three New Listings on Nasdaq Stockholm

Date:

  • 21Shares strengthens its presence with three new ETPs on Nasdaq Stockholm.
  • Offers transparent, physically backed exposure to Bitcoin, Solana, and XRP.
  • Rising crypto adoption in Europe driven by regulatory clarity under MiCA.

21Shares AG, a leading provider of cryptocurrency exchange-traded products (ETPs), has expanded its European footprint by listing three ETPs on Nasdaq Stockholm. The new listings include the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP). With this move, the company has a presence in the Nordic region, where crypto demand is growing.

21Shares Expands Offerings

21Shares manages over $7.5 billion in assets and is listed on 11 major exchanges, including Nasdaq, Euronext Amsterdam, and SIX Swiss Exchange. By adding these new listings in Sweden, the company provides investors with regulated and transparent access to cryptocurrencies. The launch includes CBTC, one of Europe’s most cost-effective Bitcoin ETPs, the largest Solana staking ETP in the region, and an XRP-backed product.

Mandy Chiu, Head of Financial Product Development at 21Shares, said: “Institutional adoption and regulatory clarity are key drivers of crypto growth in Europe. With MiCA now in place, this year is critical for digital asset investment.”

Key Features of the New 21Shares ETPs

The 21Shares Bitcoin Core ETP (CBTC) offers fully backed exposure to Bitcoin, the largest cryptocurrency by market cap. With a management fee of 0.21%, it is one of Europe’s most cost-efficient Bitcoin ETPs.

The 21Shares Solana Staking ETP (ASOL) provides investors with physically backed exposure to Solana while capturing staking rewards. Solana is used in blockchain applications related to gaming, finance, and digital identity protection.

The 21Shares XRP ETP (AXRP) is fully backed by XRP, offering a regulated investment option for those interested in XRP’s cross-border use cases. The product gives investors direct exposure to the cryptocurrency without holding it themselves.

Nasdaq Stockholm Welcomes New Crypto ETPs

Nasdaq Stockholm has listed 21Shares’ new products due to growing interest in the cryptocurrency market. “There is a need for cost-efficient investment products to be listed locally,” says Helena Wedin, Head of ETF and ETP European Markets at Nasdaq. 21Shares has pioneered the connection of old financial principles with crypto assets. The company creates market-responsive innovative products that meet consumer needs and European regulatory requirements.

Joy Nganga
Joy Nganga
Joy is a Market Analyst and Blockchain Technology Writer at AltcoinBeacon. With over five years of experience, she is highly skilled in the crypto market and well-versed in blockchain technology. Joy Nganga offers the latest news and insightful analysis, making her a valuable resource for informed decisions in the crypto space.

Subscribe To Our Weekly Picks!

- Join over 76,000+ subscribers

- Weekly picks delivered to your email

- It's free to subscribe!

Recent Altcoin News

SPONSORED ADVERTISEMENTspot_img

Latest News Stories

DOJ Shuts Down Crypto Crime Unit as Trump Pushes Pro-Bitcoin Policy

DOJ disbands NCET, shifting focus from crypto platforms to prosecuting individual fraudsters under Trump’s...

Binance Tax Evasion Trial in Nigeria Delayed by Court to April 30

Nigerian court delays Binance tax evasion case to April 30, for further review.Binance disputes...

Teucrium Wins SEC Approval to Launch First Leveraged XRP ETF in the U.S.

Teucrium launches first U.S. leveraged XRP ETF after SEC approval.XXRP ETF offers 2x daily...

BREAKING: Satoshi’s Identity Revealed! Attorney Sues US Authorities For Info!

Satoshi Nakamoto identity will finally be revealed!Big shot crypto attorney sues US authorities for...

Hong Kong to Unveil New Virtual Asset Policy Framework in 2025

Hong Kong plans to introduce new stablecoin legislation to regulate its use and boost...