21Shares AG, a Zurich-based leader in cryptocurrency ETPs, shares 6 of its cryptocurrency ETPs on Deutsche Boerse XETRA, Germany’s leading ETF trading platform, reaching a total of 10 listed products. These products are the Solana ETP (Ticker: 21XL GY), the Polkadot ETP (Ticker: PDOT GY), the Cardano ETP (Ticker: DADA GY), the Stellar Lumens ETP (Ticker: XLME GY), the Tezos ETP (Ticker: 21XZ GY) and the Crypto Basket Index ETP (Ticker: 21XH GY).
The newly listed 21Shares ETPs have the following characteristics, as communicated by 21Shares:
The Crypto Basket Index ETP (HODL) is the first, and to date only, replicating an index linked to cryptocurrencies in the world – the HODL replicates the results of investments in the Messari index, based on the 5 largest crypto by their market capitalization planned for 2050.
According to Bloomberg data updated as of September 13, the ETP on Solana (SOL) was the product of 21Shares that quickly reached $ 100 million in assets under management. The SOL, which is based on an open-source project, provides higher returns through staking remuneration, validating the transactions that take place on the Solana blockchain.
The Tezos ETP (XTZ) is, to date, the only ETP on Tezos traded in Europe and provides higher returns through staking remuneration. The native XTZ token enables the application of smart contracts on the blockchain and peer-to-peer transactions.
The Polkadot ETP (DOT) is the first, largest and most traded ETP in Europe in the cryptocurrency sector. The DOT acts as an intermediary between blockchains, in order to remove barriers to entry for those who have only recently approached the cryptocurrency sector.
The Cardano ETP (ADA) is the only Cardano ETP traded in Europe. ADA maximizes the performance of the open-source blockchain in providing a platform for the implementation of smart contracts and other decentralized protocols.
The Stellar ETP (XLM) is the only ETP on Stellar Lumens that is traded in Europe. XLM gives access to investments in this blockchain, which makes it easy to send virtual currencies, in the form of fiat currencies, both inside and outside the borders of a state