New Products
What's New In Investments, Funds? - 21Shares, Austria

The latest offerings in investments, such as funds, structured products, specific programmes and developments.
Switzerland-based exchange traded product issuer 21Shares has brought Bitcoin
and Ethereum products to the Austrian exchange, adding to entries
into Germany’s stock market in July.
Wiener Börse, the Vienna Stock Exchange, becomes the third
exchange venue globally to admit a Bitcoin product on its
official “regulated’ market segment, highlighting how these
cryptocurrency entities are becoming part of mainstream markets.
Besides Austria and Germany, the third country to host the ETPs
is Switzerland.
Starting from 1 September, the 21Shares Bitcoin ETP and the
21Shares Ethereum ETP can be traded on the official market of the
Vienna Stock Exchange.
The two products have been passported into Austria and authorized
for distribution for both retail and institutional investors
using a familiar and widely accepted financial structure,
21Shares said.
“We are happy to share that Bitcoin is now accessible everywhere
for both retail as well as institutional investors across the
entire DACH region,” Hany Rashwan, CEO at 21Shares AG, said. “We
started with the Swiss market due to our home roots and having a
crypto-friendly landscape. In July 2020, we entered the German
market by listing ABTC on Deutsche Boerse XETRA. This listing in
Austria now gives all German-speaking countries easy exposure to
this asset class. Outside the DACH region, no other jurisdiction
globally provides such comprehensive and ample access to
Bitcoin.”
The 21Shares suite of ETPs launched by 21Shares is composed of 11
crypto ETPs. The suite is listed on the official market of
Deutsche Boerse, SIX Swiss Exchange, BX Swiss and some on Boerse
Stuttgart in Swiss francs, dollars, sterling and euros,
respectively. Founded in 2018, 21Shares is incorporated in Zug,
with offices in Zurich and New York. The firm has more than $100
million in total listed assets under management.