Crypto asset manager 21Shares AG has listed three of its exchange-traded products (ETPs) on Nasdaq Stockholm, including a XRP ETP. The firm, which manages over $7.5 billion in assets and maintains listings on 11 major exchanges, has underscored its commitment to bridging traditional finance and digital assets through these latest offerings.
XRP, BTC, SOL ETPs Roll Out On Nasdaq Stockholm
The listing includes 21Shares Bitcoin Core ETP (CBTC) which is regarded as one of the most cost-effective Bitcoin ETPs in Europe. CBTC provides 100% physically backed exposure to Bitcoin (BTC). It features a notably low management fee of just 0.21%, which may draw in both retail and institutional investors seeking direct Bitcoin exposure without incurring high costs.
Second, 21 Shares also lists its Solana Staking ETP (ASOL) which offers investors physically backed exposure to Solana (SOL) while capturing staking rewards—an increasingly attractive feature for those looking to enhance returns. Solana’s blockchain has garnered attention for innovations in gaming, finance, and identity protection. Through ASOL, investors can benefit from staking without the added complexities of operating their own nodes or navigating technical processes.
Third, 21 Shares now offers an ETF fully backed by XRP (AXRP) on the Nasdaq Stockholm. AXRP aims to provide transparent and regulated exposure to one of the most prominent digital assets in cross-border payments. By listing this product on Nasdaq Stockholm, 21Shares is opening a gateway for European investors to directly participate in XRP’s evolving role within international remittances.
According to 21Shares, the Nordic market has witnessed significant growth in demand for crypto investments. The company’s newest listings align with a broader trend of increasing institutional participation and progressive regulatory frameworks in Europe, especially under the Markets in Crypto-Assets (MiCA) legislation.
“This year represents a breakthrough moment for crypto in Europe, with increasing confidence driven by the MiCA regulatory framework and a significant rise in institutional participation,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “Our presence on Nasdaq Stockholm reflects our ambition to simplify crypto investing for European investors.”
Nasdaq Stockholm’s leadership also expressed optimism about the growing momentum of crypto ETPs. Helena Wedin, Head of ETF and ETP, European Markets at Nasdaq, commented: “The demand for ETPs is growing, and we are happy to see 21Shares expanding their offering. As the market for crypto ETPs continues to expand, we are pleased to provide investors with more locally listed, cost-efficient, and innovative products.”
Beyond Europe, 21Shares has also gained traction in the United States. The firm has sparked interest among investors there as industry participants closely monitor shifting regulatory guidelines for digital assets. Recent filings, including Nasdaq’s 19b-4 submission for a potential 21Shares Polkadot ETP in the US. Meanwhile, inflows into other crypto funds—such as spot Bitcoin ETFs—have accelerated in the last week.
At press time, XRP traded at $2.45.
