21Shares Reduces Fees on Core Bitcoin and Ethereum ETPs to 10 Basis Points

Core Insights - 21Shares AG has announced a fee reduction for its Core Bitcoin ETP (CBTC) and Core Ethereum ETP (ETHC) to 10 basis points (0.10%), down from 0.21%, effective October 1, 2025, making them among the lowest-cost options for accessing Bitcoin and Ethereum in Europe [1][9] - This fee waiver will last for 12 months, reinforcing 21Shares' commitment to providing cost-effective investment solutions [1][3] Company Positioning - 21Shares has surpassed 50 listed crypto ETPs in Europe, solidifying its status as the issuer with the most diverse range of physically backed crypto investment products [2] - The company has also achieved over $11 billion in assets under management (AUM) globally, indicating strong market presence and investor confidence [2] Product Strategy - The Core series aims to offer investors efficient access to Bitcoin and Ethereum, with the recent fee reduction aligning with the company's mission to enhance access to digital assets through regulated investment vehicles [3][4] - 21Shares' products have maintained tight spreads throughout 2025, ensuring efficient execution for investors alongside reduced fees [3] Leadership Perspective - Mandy Chiu, Head of Financial Product Development at 21Shares, emphasized that the fee reduction makes it easier for European investors to include foundational crypto assets in their portfolios through a regulated ETP structure [4]