21Shares lists first polygon crypto ETP
Nov 19th, 2021 | By James Lord, CFA
Digital asset ETP specialist 21Shares has listed the world’s first ETP providing exposure to MATIC, the native token underpinning the Polygon network.
Digital asset ETP specialist 21Shares has listed the world’s first ETP providing exposure to MATIC, the native token underpinning the Polygon network.
21Shares has introduced two new ETPs on SIX Swiss Exchange providing exposure to AVAX and ALGO, the native tokens underpinning the Avalanche and Algorand blockchains.
Global X has launched an actively managed ETF that taps into the digital assets investment theme by combining bitcoin futures with equities of companies poised to benefit from advances in blockchain technology.
VanEck has unveiled the VanEck Bitcoin Strategy ETF (XBTF US), the third ETF in the US to provide exposure to bitcoin through futures contracts. The fund comes with an expense ratio of 0.65%, 30 basis points cheaper than its rivals.
Specialist crypto ETP provider ETC Group has surpassed $2 billion assets under management courtesy of investor net inflows and strong market performance related to the firm’s bitcoin and ethereum ETPs.
Purpose Investments has launched carbon-neutral share classes for the Purpose Bitcoin ETF and Purpose Ether ETF, the first directly backed cryptocurrency ETFs to list on a developed market stock exchange.
New York-based Advocate Capital Management has launched the Advocate Rising Rate Hedge ETF (RRH US) on NYSE Arca, an actively managed multi-asset fund designed to benefit during periods of rising long-term interest rates.
San Francisco-based Volt Equity has launched a new ETF offering exposure to companies within the bitcoin industry while utilizing an options strategy overlay in a bid to enhance performance.
FTSE Russell has made its debut foray – in a formal capacity – into crypto-asset markets with the unveiling of the FTSE Digital Asset Index Series.
Almost half of UK-based investment advisers have reported that clients are intending to step outside of the adviser relationship in order to gain exposure to digital assets.