Core Insights - 21Shares AG has launched three new physically backed crypto exchange-traded products (ETPs), increasing its total European offering to 54 products [1][2][5] Group 1: New Product Launches - The new ETPs include Bittensor (ATAO), Maple Finance (SYRUP), and Pendle (APEN), targeting decentralized AI, blockchain-based credit, and onchain yield markets respectively [2][3][4] - Bittensor serves as a decentralized platform for AI, rewarding high-performing services with its native token TAO, which has a fixed supply similar to Bitcoin [2] - Maple Finance connects institutional lenders and vetted borrowers through a blockchain-based infrastructure, with over $10 billion in total loan originations and $100 million in interest distributed to lenders [3] - Pendle allows investors to separate principal and yield components of yield-bearing assets, facilitating trading of interest rates and fixing future yields [4] Group 2: Strategic Positioning - The launches enhance 21Shares' position as the leading crypto ETP issuer in Europe, providing institutional-grade access to transformative segments of the digital asset economy [2][5] - The company aims to bridge traditional finance and decentralized finance, making cryptocurrency more accessible to investors [6]