21Shares, one of the leading issuers of crypto exchange-traded products, is enhancing its presence in the region by listing six new cryptocurrency exchange-traded products at Nasdaq Stockholm. The new listing offers Swedish and regional investors easier and increased access to the world of cryptocurrencies through reputable platforms.
The announcement came only a day after it rolled out its Solana ETF offering on November 19, showcasing its swiftly expanding lineup of products in Europe.
On November 20, 21Shares revealed that single-asset ETP listings of Aave (AAVE), Cardano (ADA), Chainlink (LINK), and Polkadot (DOT) are set, in addition to two cryptocurrency baskets, Crypto Basket Index ETP (HODL) and Crypto Basket 10 Core ETP (HODLX).
The six new instruments are all supported by actual cryptocurrency, which is stored in secure custodial services, allowing users to participate in cryptocurrencies without dealing with the potential security issues involved with private keys.
This expands its overall number of ETP offerings on Nasdaq Stockholm to 16, in addition to its existing offerings of Bitcoin, Ethereum, Solana, and others, including some of the largest cryptocurrencies in existence today.
As one of the most diverse cryptocurrency offerings available to customers, 21Shares continues to make entering and accessing cryptocurrency investments easier.
Also Read | Bitcoin Could Hit $250,000, Says Cardano Founder Amid Market Volatility
As stated by Alistair Byas Perry, European Head of Investment at 21Shares, demand in the crypto market is high in the Nordic region. He explained that European investors are generally seeking easy and affordable investment solutions that offer access through reputable platforms.
Both Individuals and institutions are increasingly preferring products supported by physical assets over cryptos, primarily due to security and convenience.
Besides Sweden, 21Shares’ ETP products are also traded at major European exchanges such as SIX Swiss Exchange, Xetra, Euronext, and the London Stock Exchange. The group is currently managing $8 billion in assets globally, making it quite influential in the organized world of cryptocurrency investments.
Through six new listings in Stockholm, 21Shares presses forward in its efforts to provide easier, safer, and more accessible digital-asset investing to individual investors in Europe.
Also Read | Metaplanet To Raise $150M and Expand Bitcoin Treasury