According to an announcement on March 24, asset management company 21Shares has deepened its European footprint by launching three new crypto exchange sales products (ETPs) at Nasdaq Stockholm.
Newly introduced products include 21 share Bitcoin Core ETP (CBTC), 21 share Solanas Staking ETP (ASOL), and 21 share XRP ETP (AXRP).
With Nasdaq Stockholm’s listing, 21Shares expands the market range beyond existing operations across major European exchanges. Currently, the company offers crypto ETP on 11 major platforms, including Nasdaq, Six Swiss Exchange and Euronext Amsterdam.
Meanwhile, the 21 share movement in Sweden is obvious, given the positive experiences that the asset class has experienced in other markets.
Bitcoin ETP has significantly outperformed traditional ETFs in the US over the past year, drawing record inflows during the reporting period.
At the same time, investors’ optimism about other digital assets such as Solana and XRP continues to grow as US regulators are actively considering potential spot ETF products featuring these assets.
bridging tradfi and cryptography
21Share positions the newly listed ETP as a transparent, regulated vehicle for European investors to gain exposure directly to cryptocurrencies.
According to the company, each product aims to simplify the process by which investors diversify their portfolios by linking directly to the underlying crypto.
In particular, CBTC products have an attractive, low-control fee of just 0.21%, allowing for cost-effective Bitcoin exposure.
Meanwhile, ASOL products allow investors to participate directly in reward bets, increasing the potential returns from Solana Holdings.
Additionally, AXRP offers investors exposure to XRP, highlighting the increased use of its global payment solutions, particularly.
The launch of these products will arrive during a critical period of European regulatory advancements, according to Mandy Chiu, head of financial product development at 21Shares.
Chiu explained that the increasing clarity of regulations provided by the market for crypto assets (MICA) frameworks has accelerated European institutional interest.
Chiu added:
“This year represents a groundbreaking moment in European crypto, and we are gaining confidence driven by a significant increase in MICA regulatory framework and institutional participation. Our presence in Nasdaq Stockholm reflects our ambition to simplify crypto investments for European investors.”
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(TagStoTRASSLATE) Bitcoin (T) Solana (T) XRP (T) EU (T) Adoption (T) ETF (T) Featured (T) TRADFI (T)
