Core Insights - 21Shares has launched two new physically backed crypto ETPs, reaching a total of 50 listed ETPs in Europe, solidifying its position as the largest issuer in the market [1][3][2] - The company manages over $11 billion in assets under management (AUM), demonstrating the scale and resilience of its product offerings [2][3] Company Overview - 21Shares is recognized as one of the leading providers of cryptocurrency exchange-traded products (ETPs), offering the largest suite of physically backed crypto ETPs globally [4] - Founded to enhance accessibility to cryptocurrency for investors, 21Shares aims to bridge traditional finance with decentralized finance [4] New Product Launches - The 21Shares Artificial Superintelligence Alliance ETP (AFET) provides exposure to a decentralized AI ecosystem, while the 21Shares Raydium ETP (ARAY) offers access to Raydium, a leading decentralized exchange protocol [6] - These new ETPs are designed to democratize access to innovative sectors within the crypto economy [6]

Core Insights - 21Shares AG has announced a significant fee reduction for its flagship product, the 21Shares Crypto Basket Index ETP (HODL), lowering the total expense ratio from 2.50% to 0.99%, making it one of the most cost-effective crypto index products available [2][4] - HODL, the world's first physically-backed crypto ETP, offers broad-based exposure to a diversified portfolio of prominent cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and BNB, allowing investors to gain balanced exposure through a single product [3][4] Company Overview - 21Shares is recognized as a leading provider of cryptocurrency exchange-traded products (ETPs) and has established a seven-year track record since launching the first physically-backed crypto ETP in 2018 [6] - The company aims to bridge the gap between traditional finance and decentralized finance, providing innovative, simple, and cost-efficient investment solutions [6] Product Features - The HODL ETP will transition from a monthly to a quarterly rebalancing schedule effective June 20, 2025, to better reflect market dynamics and align with long-term investor preferences [2] - The product is 100% physically backed, with all underlying digital assets held in cold storage by a regulated custodian, ensuring high levels of transparency and asset protection [4]