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World’s largest issuer Cryptocurrency ETPs Collaborates with Index Provider Vinter to Release 21Shares Staking Basket Index ETP
Zurich, January 18, 2023 /PRNewswire/ — 21Shares AG (“21Shares”), the world’s largest issuer Cryptocurrency Exchange Traded Products (ETP) and a subsidiary of 21.co today announced the world’s first 21Shares Staking Basket Index ETP (ticker: STAKE). cipher A staking index ETP that offers diversified staking income.This index represents the first-ever basket product cipher An asset that provides exposure to staking rewards while tracking the performance of the underlying staked crypto through a single ETP. His 21Shares staking index methodology used for this product was built in collaboration with Swedish index his provider Vinter.
21Shares Staking Basket Index ETP tracks Proof of Stake (PoS) cryptocurrencies such as Binance Coin, Cardano, Cosmos, Polkadot, Solana and Tezos. The index is rebalanced semi-annually in March and September to reflect market changes.
“Staking is a long-standing feature of the blockchain ecosystem, cipher Owners can earn rewards in exchange for locking assets.” Arthur Krause, director of ETP products for 21.co, the parent company of 21Shares. “Our research shows that investors have diversified, cipher-native return stream – especially medium cipher winter. In particular, we hear there is demand for a reliable and secure way to access staking. cipher ecosystem. The 21Shares Staking Basket Index ETP does just that and would be an attractive addition to many portfolios. “
The 21Shares Staking Basket Index ETP is available for trading today on the BX Swiss Exchange and is seeking listing on the Xetra Deutsche Boerse. This launch follows the success of 21Shares’ existing single-asset staking product. 21Shares Solana Staking ETP When 21Shares Tezos Staking ETP.
Jacob LindberghCEO of Vinter added: cipher Staking the Index ETP with 21Shares is another milestone in our amazing partnership. This product is in demand by retail and institutional investors around the world. cipher world. “
Today’s announcement is the latest in a series of innovative ETPs offered by 21Shares last year. cheapest in the world Bitcoin ETP (CBTC)the same as Two risk-managed products21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC) and 21Shares S&P Risk Controlled ethereum Index ETP (SPETH). 21.co currently lists 40 products on 12 exchanges in 8 countries.
Learn more about the 21Shares Staking Basket Index ETP here. https://21shares.com/product/STAKE.
|
Name ETN |
Isin |
ticker |
listed currency |
exchange |
Listing date |
|
21Shares Staking Basket Index ETP |
CH1210548892 |
Stake bandwidth |
CHFMore |
BX Switzerland |
18.01.2023 |
Press contact:
Ariel PenningtonHead of Global Communications, [email protected]
Megan EnrightCommunications Manager, [email protected]
About 21.co
21.co is the world leader in providing access to cipher Through simple and easy-to-use products. 21.co is the parent company 21 sharesthe world’s largest issuer Cryptocurrency Exchange Traded Products (ETPs) – Powered by Onyx, a proprietary technology platform used for issuance and operations. Cryptocurrency 21Shares and Third Party ETPs. The company was founded in his 2018. Honey Rashwan When Ophelia Snyder21.co is registered in Zug. Switzerland set up an office in Zurich When New York. For more information, see: 21.co.
SOURCE 21Shares
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