Amelie (@_Crypto_Barbie), one of the top crypto influencers on X, has revealed a major development that could increase XRP’s global adoption.
21Shares, one of the world’s largest issuers of crypto exchange-traded products, has strengthened its European presence by listing three new exchange-traded products (ETPs) on Nasdaq Stockholm.
The move is part of the company’s broader strategy to provide institutional and retail investors with regulated, cost-effective access to digital assets.
21Shares, which has filed for an XRP ETF in the U.S., introduced its Bitcoin Core ETP, Solana Staking ETP, and XRP ETP to the Nasdaq Stockholm exchange on March 24. These products are fully backed by their respective cryptocurrencies and are designed to offer an accessible and transparent investment option for those seeking exposure to digital assets.
The listings align with the growing institutional interest in crypto investments and come at a time when Europe is seeing greater regulatory clarity under the Markets in Crypto-Assets (MiCA) regulatory framework. The presence of this regulatory structure has contributed to increasing confidence in digital asset markets, leading to a rise in demand for compliant investment vehicles.
Mandy Chiu, Head of Financial Product Development at 21Shares, emphasized the significance of these listings in the European market. She noted that with institutional participation in crypto accelerating and regulatory frameworks becoming more defined, 21Shares remains focused on expanding its product offerings.
The company’s commitment to providing simplified and regulated investment solutions is reflected in its decision to list these ETPs on Nasdaq Stockholm.
The European market has seen an increasing preference for structured crypto investment products that operate within a regulated framework. Institutional investors, in particular, look for reliable ways to gain exposure to cryptocurrencies while ensuring compliance with evolving financial regulations.
Experts suggest that investors are transitioning from Bitcoin to altcoins, and XRP and XRP-backed financial products are receiving more global attention. By expanding its range of ETPs, 21Shares is responding to this demand with products that adhere to strict regulatory standards.
The Nasdaq Stockholm listing provides a recognized and well-regulated environment for investors, further reinforcing the legitimacy of cryptocurrency as an asset class in mainstream finance. Offerings such as these help in bridging the gap between traditional financial markets and the digital asset ecosystem.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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