21Shares Expands Crypto ETP Offerings with Six New ETNs
21Shares, a leading issuer of crypto exchange-traded products (ETPs), has expanded its offerings. The company has listed six new crypto-ETNs on Xetra and the Frankfurt Stock Exchange. These ETNs provide investors with access to the performance of various cryptocurrencies, including Polkadot and Solana.
The new ETNs are centrally secured by Eurex Clearing, ensuring a high level of safety for investors. Two of these ETNs, 21Shares Polkadot ETP (Ticker: ADOT) and 21Shares Solana ETP (Ticker: TSOL), enable participation in the performance of Polkadot and Solana respectively. Additionally, an ETN tracks the performance of a crypto-basket index, which includes Bitcoin, Polkadot, Ethereum, Cosmos, and Cardano.
Investors also gain access to ETNs focused on Cardano, Stellar, Tezos, and the aforementioned crypto-basket index. Each of the 21Shares ETNs is secured by the respective cryptocurrency, providing a direct link to the underlying asset.
The launch of these ETNs by 21Shares broadens the range of crypto investment options available to European investors. They offer exposure to a diverse range of cryptocurrencies, from established coins like Bitcoin to newer projects like Polkadot and Solana, all while benefiting from the security provided by Eurex Clearing.
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