21Shares, one of the largest issuers of cryptocurrency exchange-traded products (ETPs), has strengthened its presence in the Nordic region with the cross-listing of six additional products on Nasdaq Stockholm. The newly added products include the 21Shares Aave ETP (AAVE), the 21Shares Crypto Basket Index ETP (HODL), the 21Shares Cardano ETP (AADA), the 21Shares Chainlink ETP (LINK), the 21Shares Polkadot ETP (ADOT), and the 21Shares Crypto Basket 10 Core ETP (HODLX). These join an existing suite of offeri ...

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]