21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency ETPs, today announced the listing of the largest mid-cap crypto ETP (ISIN: CH1130675676, Ticker: ALTS) on SIX Swiss Exchange.
Hany Rashwan, CEO 21Shares said: “We are very excited to launch our first mid-cap crypto index ETP and expand our product range to 21 total ETPs by the end of 2021. This is an important milestone in our product roadmap, following the launch of the world's first crypto ETP on the regulated SIX Swiss Exchange in Switzerland in 2018.”
The 21Shares Mid-Market ETP (ISIN CH1130675676) tracks the investment results of an index capturing the mid-cap portion of the crypto asset market by excluding the two top assets, which are currently Bitcoin and Ethereum.
- Binance (BNB) is the cryptocurrency issued by the Binance exchange, the world’s largest crypto exchange and is used to trade and pay fees on the exchange.
- Solana (SOL) banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi).
- Cardano (ADA) is designed to be a next-gen evolution of the Ethereum idea — with a blockchain that’s a flexible, sustainable, and scalable platform for running smart contracts for decentralized Finance (DeFi).
- Ripple (XRP) is a payments settlement system, currency exchange and remittance network that can process transactions around the world.
- Polkadot (DOT) is an open source blockchain founded by the Web3 Foundation and acts like a grid connecting all the blockchains with one another.
- Litcoin (LTC) is a decentralized peer-to-peer cryptocurrency and one of the first Bitcoin forks.
- Polygon (POLY) is Ethereum scaling platform onboarding millions to Web3. Hosting more than 3,000 applications, Polygon has become one of the most popular full-stack Ethereum scaling solution due to its high speed, low transaction cost, and network composability.
- Bitcoin Cash (BCH) is a fork of Bitcoin and a decentralized peer-to-peer electronic cash system.
Underlying Assets, Dec 13, 2021 Cryptocurrency | Weighting | Quantity per ETP | Reference Price |
BINANCE COIN | 31.05% | 0.011508 ($6.11) | $530.64 |
SOLANA | 17.60% | 0.021831 ($3.46) | $158.53 |
CARDANO | 16.50% | 2.590524 ($3.24) | $1.25 |
RIPPLE | 14.26% | 3.503294 ($2.80) | $0.80 |
POLKADOT | 10.00% | 0.073760 ($1.97) | $26.65 |
LITCOIN | 3.80% | 0.005011 ($0.75) | $149.14 |
POLYGON | 3.52% | 0.380116 ($0.69) | $1.82 |
BITCOIN CASH | 3.26% | 0.001480 ($0.64) | $433.26 |
Jacob Lindberg, CEO and Co-Founder of Vinter added: “Due to the high market concentration on BTC and ETC the performance contribution of alternative crypto assets is rather small. The Vinter 21Shares Crypto Mid-Cap Index is different. The index selects the top ten crypto assets and then removes the top two - currently BTC and ETH. Investors are provided with diversified exposure to mid-cap crypto assets, or altcoins. Today, the index includes assets like BNB, ADA, and SOL, which outperformed BTC and ETH during 2021.”
As of December 2021, 21Shares manages more than $2.9 billion in 21 cryptocurrency ETPs and 83 listings, including the world’s only ETPs tracking Binance, four Crypto Index Basket and two ETPs with investor staking rewards (Tezos and Solana). Its products are listed on nine regulated European and Swiss trading exchanges.
About 21Shares
21Shares takes innovation to the next level with the largest suite of cryptocurrency exchange-traded products (ETPs) in the world. In 2018 it pioneered the world’s first cryptocurrency index listing on the SIX Swiss Exchange, and it continues powering its cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with an easy, secure, and regulated way to buy, sell, and short cryptocurrency through existing bank and brokerage accounts. The 21Shares issuance platform, Onyx, is used by both 21Shares and third parties to issue and operate cryptocurrency ETPs around the world.
For more information, visit www.21shares.com.
Media Contact, Paulo Germann, press@21shares.com, +41 41 562 04 09
Disclaimer
This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. This document constitutes advertisement within the meaning of the Swiss Financial Services Act and not a prospectus. This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities to sell or a solicitation of an offer to purchase in or into the United States, Canada, Australia, or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. This document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"); or (iv) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (v) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State (other than the France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Lichtenstein) that has implemented the Prospectus Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State, the "Prospectus Regulation") this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Liechtenstein the 2021 Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com. The approval of the 2021 Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2021 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities.