New crypto ETN from 21Shares on Xetra: Portfolio of ten largest cryptostocks

Release date: 19 Apr 2023 | Deutsche Börse Cash Market

New crypto ETN from 21Shares on Xetra: Portfolio of ten largest cryptostocks

Since Wednesday, a new crypto ETN issued by 21Shares has been tradable on Xetra and via Börse Frankfurt.

The 21Shares Crypto Basket 10 ETP offers investors the opportunity to participate in the performance of a basket of ten largest cryptocurrencies by market capitalisation. The portfolio is rebalanced quarterly, with the aim of reflecting the development of the crypto market. Currently, the following crypto assets are considered: Bitcoin (61.1 per cent), Ethereum (25.0 per cent), Binance Coin (5.5 per cent), XRP (3.1 per cent), Cardano (1.4 per cent), Polygon (1.0 per cent), Polkadot (0.8 per cent), Solana (0.8 per cent), Tron (0.7 per cent) and Litecoin (0.7 per cent).

Name

Asset class

ISIN

Management fee

Index

21Shares Crypto Basket 10 ETP

Crypto ETN

CH1135202179

2.50 per cent

Vinter 21Shares Crypto Basket 10 Index

All crypto ETNs tradable on Xetra are physically collateralised and listed on the Regulated Market of the Frankfurt Stock Exchange. In addition, all crypto ETNs on Xetra are centrally cleared by Eurex Clearing AG as Deutsche Börse Group's central counterparty (CCP). Through central clearing, institutional investors in particular additionally benefit from significantly reduced risks in the settlement of transactions.

The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,050 ETFs, 187 ETCs and 239 ETNs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.

Further information