We encourage you to do your own research before investing. 21Shares recently launched Australia’s first spot bitcoin and ether ETFs and hired Carl Hagerup to head the company’s business in the Nordics and Netherlands.ĭISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. The company aims to provide all investors with an easy, secure and regulated way to buy, sell and short cryptocurrency through existing bank and brokerage accounts. In 2018 it pioneered the world’s first cryptocurrency index listing on the SIX Swiss Exchange, and it continues powering its cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. CEO Hany Rashwan said earlier this year that the firm aims to support what it considers to be the top 50 cryptocurrencies by year end.Ģ1Shares is a Swiss company registered in Zug, Switzerland with offices in Zurich and New York City, it takes innovation to the next level with the largest suite of cryptocurrency exchange-traded products (ETPs) in the world. Ophelia Snyder, 21Shares co-founder and presidentĢ1Shares has launched a handful of ETPs this year, such as products focused on Aave (AAVE), Chainlink (LINK) and Uniswap (UNI). The products are offered to investors throughout Europe, and 21Shares plans to cross-list them on other regional exchanges.Īccording to Ophelia Snyder, co-founder and president of 21Shares, the debuts coincide with a shift in investor interest from “superficial” concerns about cryptocurrency to more “nuanced analysis.” She emphasized that both retail and institutional investors want more diversification. 21Shares launches Layer 1 and DeFi ETPs, start joining in the DeFi revolution 2Īccording to the company, 21Shares is the first issuer in Europe to introduce an ETP (exchange-traded product) based on a DeFi index. DEFII is planned to be listed on BX Swiss Exchange on May 18, 2022. The assets in both categories are ranked by market capitalization and likewise reweighted quarterly. The 21Shares DeFi 10 Infrastructure ETP (symbol: DEFII), which also tracks a Vinter index, focuses on DeFi (decentralized finance) applications and layer-1 blockchains - each segment representing half of the benchmark. Rebalancing is conducted on a quarterly basis.

To this end, LAY1 tracks an index that was custom-tailored by index provider Vinter and invests in an index that includes the five largest Layer 1 blockchains – with a maximum weighting of 30 percent per blockchain. View live prices, trading volumes and more. The 21Shares Layer 1 ETP (symbol: LAY1) is listed on SIX Swiss Exchange as of today, May 12, 2022, and offers investors targeted exposure to the blockchains that form the technical foundation of the DeFi universe. Explore all DeFi (Decentralized Finance) ranked by market cap. Switzerland-based firm plots geographic expansion, exposure to more assets and themes. 21Shares, a crypto-focused asset management, has launched two ETPs that expose investors to the intricacies of DeFi.

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