Physically backed cryptocurrency exchange products (ETP) provider, 21Shares has announced the listing of three new ETPs based on Polygon, Avalanche, and Algorand tokens.
The products will trade on the SIX Swiss Exchange, the largest Swiss stock exchange.
The 21Shares Polygon ETP, Ticker: POLY (ISIN CH1129538448) will be listed on November 18th, and the 21Shares Avalanche ETP, Ticker: AVAX (ISIN: CH1135202088) will be listed on Friday. The 21Shares ETP Algorand, Ticker: ALGO (ISIN: CH1146882316) will start on November 23rd.
Hany Rashwan, co-founder, and CEO of 21Shares says,
“Adding Polygon, Avalanche, and Algorand to our already expansive suite of single-asset ETPs delivers another simple and easy option for investors to enter the crypto asset class, and allows us to continue fulfilling our mission to build the simplest and most transparent way to access this asset class.”
21Shares assets under management volume has reached almost $3 billion. The number of cryptocurrency ETPs from the company has reached 20. These assets are listed on eight regulated European exchanges.
Recall that in June, 21Shares, together with ARK Invest, filed an application for the launch of BTC ETF in the USA.
Recently 21Shares launched the world’s first Solana (SOL) ETP (ticker: ASOL) on the Swiss stock exchange (SIX Exchange) on June 30th.