Core Viewpoint - 21shares has appointed Stephen Coltman as Head of Macro to enhance its investment team and expand active portfolio management capabilities [1][5]. Group 1: Appointment Details - Stephen Coltman will focus on portfolio and risk management for new active products and will provide financial market commentary [2]. - He will collaborate closely with Eliézer Ndinga, Adrian Fritz, and the Capital Markets team [2]. Group 2: Experience and Background - Coltman has 25 years of experience as a trader, macro strategist, and hedge fund portfolio manager, with expertise in asset allocation and derivatives trading [3]. - Prior to joining 21shares, he was a Senior Investment Manager at Aberdeen Group, specializing in asset allocation and derivatives [4]. - His career includes roles at Trevose Capital Management and Goldenberg Hehmeyer, and he began in investment banking at JP Morgan [4]. Group 3: Educational Background - Stephen Coltman holds a first-class MSc in Chemistry from Imperial College London and is a CFA charter holder [5]. Group 4: Company Commitment - The appointment of Coltman reflects 21shares' commitment to building a top-tier investment platform and enhancing client service [5].

Core Viewpoint - Morgan Stanley is entering the digital asset product market by filing trusts for bitcoin and Solana exchange-traded products (ETPs), marking a significant shift from its previous avoidance of direct participation in this booming category [1][4]. Group 1: Market Entry and Strategy - The forthcoming ETPs may help Morgan Stanley consolidate wallet share among its wealth management clients, reducing the likelihood of clients using other crypto custodians [2]. - The bank's entry into the ETP market comes after other major players, like BlackRock, have established dominance with significant assets under management, such as BlackRock's $73 billion IBIT [3]. - Morgan Stanley expanded access to crypto ETPs last year, allowing all clients, not just those with $1.5 million and high risk tolerance, to participate [3]. Group 2: Financial Implications - As of September, Morgan Stanley reported $1.8 trillion in assets under management or supervision, indicating a substantial opportunity for growth in asset management and operational efficiency through these new products [4]. - The filings for new products come at a time when the SEC has allowed major exchanges to use generic listing standards, facilitating faster fund launches across various types of ETPs [5]. Group 3: Technological Considerations - The benefits of distributed ledger technology, such as faster transaction speeds, enhanced security, and lower costs, are becoming increasingly recognized, suggesting that the underlying technology could disrupt the financial services sector [6].

NEW:DEFT’s cornerstone subsidiary, Valour, is launching crypto ETPs on Brazil’s B3 exchange starting Dec 17.Brazil is Latin America’s largest crypto market, giving $DEFT direct access to one of the fastest-growing digital-asset economies.DeFi Technologies (@DeFiTechGlobal):DeFi Technologies' Subsidiary @ValourFunds to List Four Digital Asset ETPs on Brazil's B3 Exchange (@B3_Oficial) https://t.co/kiXeIweYo5 $DEFT https://t.co/DmTrhca8pZ ...

Core Viewpoint - Standard Chartered has been appointed as the digital asset custodian for 21Shares, indicating a trend of traditional financial institutions entering the cryptocurrency market by providing regulated custody solutions for digital assets [1][6]. Group 1: Partnership Details - The partnership between Standard Chartered and 21Shares highlights the increasing involvement of traditional finance in the crypto sector, with Standard Chartered providing bank-grade custody for 21Shares' cryptocurrency exchange-traded products (ETPs) [1]. - Standard Chartered's custody platform is regulated in Luxembourg by the Commission de Surveillance du Secteur Financier (CSSF), ensuring a secure and compliant solution for institutional investors in Europe [2]. Group 2: Strategic Implications - Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, emphasized the bank's commitment to providing top safety and compliance standards for digital asset custody services [3]. - The transition from Zodia Custody to Standard Chartered raises questions about 21Shares' strategy, suggesting a desire to align more closely with traditional finance [4][5]. Group 3: Industry Trends - The appointment of Standard Chartered as custodian reflects a broader trend of traditional banks integrating regulated infrastructure with the crypto market to meet institutional demands for security and compliance [6]. - 21Shares manages approximately $8 billion in assets and focuses on physically backed crypto ETPs, indicating its significant role in the evolving digital asset landscape [5].

Crypto ETP Flows - $BSOL 在每周流量方面领先所有加密货币 ETP，达到 +417 million 美元 [1] - $BSOL 在当周总体流量中排名第 16 位 [1] - $IBIT 本周表现不佳，但预计将会恢复 [1]

Core Insights - European exchange-traded products (ETPs) surpassed $3 trillion in total assets under management in Q3, representing over one-sixth of the global ETF and ETP market valued at $17.9 trillion [1][5] Group 1: Market Growth - The ETP market in Europe grew nearly 11% quarter-over-quarter in Q3, which is slightly lower than the global growth rate of 18% [3] - Approximately $113 billion entered European ETPs during the third quarter, driven by strong market performance and robust inflows [3] Group 2: Segment Performance - Options-based ETFs and crypto ETPs are expanding at a faster rate than the broader market, indicating strong investor interest in these segments [4] - Active ETFs attracted $11.2 billion in new investments, raising their total assets under management to $83.4 billion [4] - Gold ETCs received $5.5 billion in inflows, increasing their total assets to $128.2 billion, while defense-themed ETFs attracted $1.8 billion in the same quarter [4] Group 3: Comparison with U.S. Market - Despite the U.S. holding nearly $13 trillion in ETF assets, Europe's achievement of the $3 trillion milestone highlights the rapid expansion of its ETP industry [5]

Product Development & Expansion - 21Shares reaches 50 crypto ETPs (Exchange Traded Products) in Europe [1] - Launch of new ETPs focused on decentralized AI and a Solana-based Raydium token [1] Index Provider - CoinDesk Indices serves as the index provider for the Raydium ETP [1]

Core Insights - 21Shares has formed a strategic partnership with Sui to enhance its global presence and capitalize on the growing interest in the Sui ecosystem [1][2] - The partnership aims to produce product collaborations, research reports, and initiatives that reflect the increasing institutional interest in Sui, which is recognized for its speed, throughput, and scalability [2][4] - Sui is positioned as a high-performance Layer-1 blockchain designed for mass adoption, featuring an object-centric architecture that allows for parallel transaction execution and sub-second finality [4][7] Company Overview - 21Shares is a leading provider of cryptocurrency exchange-traded products (ETPs) and has established a significant presence in Europe, now focusing on expanding into the U.S. market [3][5] - The company has a track record of innovation, having launched the world's first physically-backed crypto ETP in 2018, and offers a comprehensive suite of crypto ETPs [5][6] - 21Shares is part of 21.co, a global leader in decentralized finance, and aims to bridge traditional finance with decentralized finance [6] Sui Blockchain Features - Sui is designed to be a global coordination layer for digital assets, emphasizing speed, security, and accessibility for users and developers [5][7] - The blockchain supports a variety of applications, including consumer-facing products and institutional-grade solutions, showcasing its versatility [4][7] - Sui's architecture enables low-cost, high-speed transactions, making it suitable for both everyday users and enterprises [4][7]