Asset management firm 21Shares has significantly expanded its European cryptocurrency investment offerings by launching three new exchange-traded products (ETPs) on Nasdaq Stockholm. The new products include the 21Shares Bitcoin Core ETP (CBTC), 21Shares Solana Staking ETP (ASOL), and 21Shares XRP ETP (AXRP), broadening the firm’s existing presence across eleven major European exchanges. This strategic move comes at a time of growing institutional interest in cryptocurrencies, particularly as regulatory frameworks like the Markets in Crypto-Assets (MiCA) provide increased clarity for investors.
The newly introduced ETPs offer unique features designed to attract institutional and retail investors. The Bitcoin Core ETP boasts an attractive low management fee of 0.21%, while the Solana Staking ETP allows investors to participate directly in staking rewards. The XRP ETP emphasizes the digital asset’s potential in global payment solutions. According to Mandy Chiu, 21Shares’ Head of Financial Product Development, these launches coincide with a breakthrough moment for cryptocurrency in Europe, characterized by increasing regulatory confidence and institutional participation.
The timing of these product launches aligns with broader market trends, including record inflows into Bitcoin ETPs and growing investor optimism towards alternative cryptocurrencies like Solana and XRP. With regulatory bodies in the United States actively considering spot ETF products for these assets, 21Shares is positioning itself at the forefront of bridging traditional finance with the emerging cryptocurrency ecosystem. The company’s expansion to Nasdaq Stockholm represents a strategic move to simplify crypto investing for European investors and capitalize on the increasing mainstream acceptance of digital assets.
