21Shares Expands Nordic Crypto ETP Suite with Six New Listings on Nasdaq Stockholm

yesterday / 13:49

21Shares, one of the world's largest issuers of crypto exchange-traded products (ETPs), has announced the cross-listing of six additional products on Nasdaq Stockholm. The new listings include single-asset ETPs for Aave (AAVE), Cardano (ADA), Chainlink (LINK), and Polkadot (DOT), as well as two basket ETPs: the Crypto Basket Index ETP (HODL) and Crypto Basket 10 Core ETP (HODLX).

This expansion brings 21Shares' total Nordic offering to 16 products, driven by continued demand for regulated crypto investment exposure. Alistair Byas Perry, Head of EU Investments and Capital Markets at 21Shares, stated, "We continue to see strong demand from Nordic investors seeking diversified, cost-efficient access to digital assets through regulated exchanges. This expansion enables us to offer an even broader toolkit of single-asset and index-based crypto ETPs."

All 21Shares ETPs are fully backed by real assets and collateralized, allowing investors to access digital assets without direct custody. The firm currently oversees approximately $8 billion in assets worldwide and has listings on multiple exchanges, including SIX Swiss Exchange and Deutsche Börse Xetra.

In related news, 21Shares has gained automatic approval for its XRP ETF, filed with the SEC, and it is expected to begin trading on Cboe BZX Exchange under the ticker "TOXR" next week. This follows other XRP ETF approvals from Bitwise, Franklin Templeton, and Grayscale.

Price data from CoinMarketCap shows positive movements for the newly listed coins over the last 24 hours: AAVE up 2.22% to $178.49, ADA up 1% to $0.4683, LINK up 2.24% to $13.75, and DOT up 2.89% to $2.79.