The 21Shares Staking Basket Index ETP is now available for trading on the BX Swiss exchange, and is seeking to list on Xetra Deutsche Boerse.
January. 18, 2023 - 21 Shares an issuer of cryptocurrency exchange traded products (ETPs) and a subsidiary of 21.co, today unveiled the 21Shares Staking Basket Index ETP, a crypto staking index ETP offering diversified staking income.
The index is a basket product of crypto assets that provide exposure to staking rewards while tracking the performance of underlying staked cryptos through a single ETP.
The 21Shares staking index methodology used for this product was built in collaboration with Swedish index provider Vinter.
The 21Shares Staking Basket Index ETP tracks proof-of-stake (PoS) cryptocurrencies, including Binance Coin, Cardano, Cosmos, Polkadot, Solana, and Tezos. The index will rebalance on a semi-annual basis in March and September to reflect market shifts.
"Staking is a long-standing feature of the blockchain ecosystem that allows crypto holders to earn rewards in exchange for locking up their assets," said Arthur Krause, Director of ETP Product at 21.co, parent company of 21Shares.
"Our research has shown that investors are interested in diversified, crypto-native return streams – especially amid crypto winter. In particular, we've heard demand for a reliable and safe way to access staking, one of the most attractive potential return streams available in the crypto ecosystem. The 21Shares Staking Basket Index ETP does just that, and will be an attractive addition to many portfolios."
Jacob Lindberg, CEO of Vinter, adds "We are pleased to be launching the world's first crypto staking index ETP with 21Shares, which is another milestone in our great partnership. This product addresses demands from retail and institutional investors globally, and we look forward to continuing our work with 21Shares as they seek to launch more innovative investment products that build bridges into the crypto world."
Require Some Guidance in Finding The Right Provider?
Let One of Our Experts Help!
Use the LiquidityFinder Match Matrix to find the right provider for your electrionic trading business!
Get Started
Featured News on LiquidityFinder
Latest News on LiquidityFinder
Find The Right Providers For Your Trading Business
1
Step 1
Please Select Which Category Best Describes You:
Try Our Free Match Matrix
LiquidityFinder aims to take the guesswork out of finding the right trading partners.
2023 Copyright © Liquidity Finder Ltd. All rights reserved.
Liquidity Finder Ltd is incorporated in England and Wales, company number 10610740, and whose registered address is 167-169 Great Portland Street, Fifth Floor, London W1W 5PF, United Kingdom.
Liquidity Finder endeavors to keep all information displayed on these pages accurate and up to date but we cannot guarantee that the page will be error-free or up to date. All information is provided for general information purposes only. It does not claim to be or constitute legal or other professional advice and cannot be relied upon as such. Please refer to our Terms of Service for more details.
To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.
LiquidityFinder & Our Partners
Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.