Aave, Chainlink Etps Among Six New 21shares Listings In Europe

21Shares, one of the largest crypto ETF issuers with $8 billion in assets, continues to introduce more investment products in Europe as an influx of new crypto ETFs hits the US.

21Shares, a major crypto exchange-traded product (ETP) provider, is expanding its offerings in Europe with the launch of six more funds on Sweden’s stock exchange, Nasdaq Stockholm.

21Shares on Thursday announced the cross-listing of six additional products on Nasdaq Stockholm, including ETPs for Aave (AAVE), Cardano (ADA), Chainlink (LINK), Polkadot (DOT) and two crypto basket products.

With the expansion, 21shares now offers a total of 16 ETPs on Nasdaq Stockholm, which is just a fraction of multiple offerings available on other European exchanges like SIX Swiss Exchange, Deutsche Börse Xetra, Euronext Amsterdam and more.

The new launches came the next day after 21Shares launched the Solana (SOL) exchange-traded fund (ETF) on Wednesday, adding to a series of SOL ETF launches.

“We continue to see strong demand from Nordic investors seeking diversified, cost-efficient access to digital assets through regulated exchanges,” 21Shares’ head of EU investments, Alistair Byas Perry, said.

“This expansion enables us to offer an even broader toolkit of single-asset and index-based crypto ETPs, giving both retail and institutional investors the ability to tailor their digital asset exposure within a trusted and transparent framework,” he added.

With listings on multiple exchanges in Europe and the US, 21Shares is one of the largest crypto ETP providers, managing nearly $8 billion in assets globally, which accounts for roughly 4% of the total $191.5 billion in crypto ETFs issued worldwide.

According to CoinShares data, roughly half of 21Shares’ AUM is held in US crypto ETFs, issued in partnership with Cathie Wood’s ARK Invest.

The crypto ETP expansion by 21shares comes amid a wave of new crypto funds flooding the US market, with spot XRP (XRP) ETFs debuting on the Nasdaq exchange last week.

Source: CoinTelegraph