etps - Pwim.Net

Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts

21Shares, a well-known cryptocurrency ETP issuer, announced a partnership with the German online financial services bank Comdirect to diversify the option of cryptocurrency ETPs to customer savings accounts.

According to the official report on July 13 by 21Shares, this plan will immediately take effect, and 21Shares has become the exclusive provider of encrypted ETPs reserved as an online broker savings plan (Spar plan).

Currently, 11 ETP products of 21Shares are available on the Comdirect platform with zero commission. The CEO of 21Shares, Hany Rashwan, welcomed the latest announcement and said that:

“We are very excited to offer German clients who wish to add Bitcoin and other crypto assets to their savings plan a compelling option to do so thanks to Comdirect.”

21Shares stated that this collaboration with Comdirect is “another milestone in democratisation crypto investments”. This is the first example where investors can gain cryptocurrency exposure in their savings accounts.

Comdirect Produkt Manager and Crypto saving plan Initiator, Rene Louis Delrieux added that:

“For an outstanding customer experience, investors are now able to use crypto ETPs by 21Shares which fits the needs of our demanding clients and ensures market participation. This additional service adds flexibility for immediate use. Together with our partner 21Shares, comdirect has succeeded in significantly bridging crypto investments to retirement plans, something that our clients have longed for a while.”

21Shares has been committed to integrating digital assets into the traditional financial sector. As reported by Blockchain News last Monday, 21Shares announced that the company has cooperated with GHCO, an issuer-centric liquidity provider committed to building transparent and accessible financial markets to list Its Bitcoin ETP (ABTC ) on the Aquis exchange.

And at the end of last month, Cathie Wood, a top wall street investor and founder and CEO of ARK Investment management firm, has cooperated with 21Shares, an issuer of European exchange-traded products, to apply for the Bitcoin ETF-Ark21Shares ETF.

WisdomTree Expands Crypto Offerings in Europe, Launching Cardano, Polkadot & Solana ETPs

WisdomTree Investments, Inc., a New York-based exchange-traded fund and exchange-traded product provider and asset manager, announced on Tuesday that it has launched three new crypto exchange-traded products (ETPs) backed by Solana (SOL), Cardano (ADA), and Polkadot (DOT) in Europe.

The three new physically-backed cryptos ETPs include WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW), and WisdomTree Polkadot (DOTW). WisdomTree said that it designed the ETPs to provide investors in Europe with another option to enable them to gain exposure to the price of Polkadot, Solana, and Cardano via regulated exchanges.

The firm disclosed that it has listed the three ETPs on major European digital exchanges, including Deutsche Boerse’s Xetra, the Swiss SIX exchange, and the Swiss Stock Exchange. WisdomTree further stated that it plans to list the crypto ETPs on the pan-European exchange Euronext to be available in Amsterdam and Paris at the end of the month.

DOTW, ADAW, and SOLW have a total expense ratio of 0.95% and are available for sale in most of the European countries, including Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, WisdomTree said.

Alexis Marinof, WisdomTree’s Head of Europe, talked about the development and stated that the new offering aims to meet the rising demand from institutional investors to diversify their crypto portfolio. “While Bitcoin and Ethereum grab the headlines, altcoins are now viable options for many institutional investors, providing more options to diversify their crypto holdings just like they would with any other asset class,” Marinof elaborated.

Supporting Investors on Their Journey into Digital Assets

Listing crypto ETPs on stock exchanges has continued to open up more access points for investors to conveniently trade cryptocurrencies. Since WisdomTree launched its digital assets platform in 2019, the company has witnessed a lot of development in the space. The continued product launch represents the growing acceptance of crypto, the evolving European regulatory landscape, and demonstrates that digital assets are here to stay.

In November last year, WisdomTree launched three crypto basket exchange-traded products in Europe. The firm listed the three crypto ETPs (the WisdomTree Crypto Market (BLOC), WisdomTree Crypto Altcoins (WALT), and WisdomTree Crypto Mega Cap Equal Weight (MEGA) on Swiss stock exchange SIX and Frankfurt-based Börse Xetra.

BLOC offers exposure to the most established crypto assets such as Bitcoin, Ether, Bitcoin Cash, and Litecoin. WALT is focused on altcoins such as Cardano, Bitcoin Cash, Litecoin, Polkadot, and Solana. MEGA focuses solely on Bitcoin and Ether as the market’s two “mega-cap” assets.

The funds are passported for sale across 12 European Union countries plus Switzerland and Norway.

In June last year, WisdomTree listed its physically-backed Bitcoin and Ether ETPs on Euronext exchanges in Paris and Amsterdam. The move came after the firm listed such products on Germany’s Börse Xetra and SIX, the Swiss Stock Exchange.

CoinShares Lists Chainlink, Uniswap ETPs on Germany’s Stock Market Xetra

CoinShares, the largest digital asset investment firm in Europe, announced on Wednesday it has listed two new physically-backed ETPs on Germany’s stock market Deutsche Börse Xetra.

The digital asset firm said that it launched CoinShares Physical Chainlink (Ticker: CCHA) and CoinShares Physical Uniswap (Ticker: CIWP) to allow investors to continue to diversify their investment portfolios across the new form of financial services replicated on cryptocurrency rails.

The two new crypto ETPs increase the choice of cryptocurrency products on the German stock exchange. More than 40 crypto ETP offerings are currently trading on the Xetra exchange. The ETPs relate to the cryptocurrencies, including Bitcoin, Ethereum, Cardano, Bitcoin Cash, Litecoin, Polkadot, Solana, Stellar, Tezos and TRON as well as five baskets of cryptocurrencies.

Frank Spiteri, CoinShares’ Chief Revenue Officer, talked about the development and said: “As the digital assets sector evolves, so too does investor interest in protocols beyond Bitcoin and Ethereum. A more thematic approach to digital assets is emerging amongst those most familiar with crypto, and we expect that trend to continue as research and investor education improves.”

Leading the Growth of Digital Assets

CoinShares’ ETP offerings have expanded far beyond Bitcoin and Ether in recent months. The launch of the new crypto ETPs brings the total number of ETPs listed by CoinShares in 2022 to seven.

In January, the firm launched and listed CoinShares Physical Staked Tezos and CoinShares Physical Staked Polkadot to provide exposure to proof-of-stake (PoS) protocols and the rewards for participating in their security.

Likewise, in March, CoinShares launched Solana and Cardano ETPs to enable investors to earn attractive yields through staking.

Last week, the investment manager listed the CoinShares FTX Physical FTX Token (CFTT) on the Xetra to track the native currency of the regulated cryptocurrency exchange FTX and to be used for fee discounts and over-the-counter rebates.

CoinShares is Europe’s largest digital asset investment firm, managing over US$4.5 billion worth of assets on behalf of global clients. The firm has continued expanding access to the digital asset ecosystem by offering new financial products and services to fulfil the rising interests of investors.