21Shares Unveils S&P Controlled Risk Bitcoin And Ethereum

As part of the Crypto Winter Suite, ETPs seek to limit cryptocurrency willpower by tracking the S&P Bitcoin Dynamic Rebalancing Risk Control 40% Index and the S&P Ethereum Dynamic Rebalancing Risk Control 40% Index

ZURICH, Switzerland – July 20, 2022 – 21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency exchange-traded products (ETPs), today announced the listing of two new ETPs on SIX Swiss Exchange, in order to offer investors exposure to the biggest cryptocurrencies – Bitcoin and Ethereum – while targeting less wanting. These two ETPs are the latest products in 21Shares’ Crypto Winter Suite, a set of products designed to help investors ride out the bear market.

The 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC) and 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) allow exposure to their namesake cryptocurrency while targeting a required level of 40%. With cryptocurrencies, including Bitcoin and Ethereum, subject to required levels to generate, 21Shares’ new index ETPs are designed to mitigate this dynamically rebalancing – allocating more assets to the USD when the need to Bitcoin or Ethereum increase or vice versa. The products appeared there trying to replicate the benchmarks of the S&P Dow Jones Indices which control risk by adjusting exposure to the underlying index and dynamically allocating to US dollars.

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“Data from our research team has demonstrated that adding exposure to Bitcoin or Ethereum to a traditional investment portfolio can improve overall risk-adjusted performance,” said Arthur Krause, director of ETP products at 21Shares. . “These new ETPs based on world-class S&P Dow Jones Indices allow investors to reap the benefits of these innovative crypto exposures while controlling disclosure. These ETPs are the next step in our Crypto Winter Suite, providing investors with access to the asset class in a risk-controlled manner.

“Over the past two years, S&P Dow Jones Indices has developed cryptocurrency indexing capabilities to help promote more transparency and facilitate access to this emerging technology-enabled asset class,” said Sharon Liebowitz, Chief Innovation Officer at S&P Dow Jones Indices. “The S&P Bitcoin Dynamic Rebalancing Risk Control 40% Index and S&P Ethereum Dynamic Rebalancing Risk Control 40% Index are the latest examples of innovative indices that should help measure and manage the demand associated with underlying cryptocurrencies. .

The 21Shares S&P Risk Controlled Bitcoin Index ETP and 21Shares S&P Risk Controlled Ethereum Index ETP are listed today on the SIX Swiss Exchange and available to investors in USD.

Today’s announcement comes hot on the heels of the launch of 21Shares’ Bitcoin Core ETP, the first product of 21Shares’ Crypto Winter Suite, which is designed to provide low-cost exposure to Bitcoin as an ETP. Bitcoin physically supported the cheapest in the world. 21Shares also launched the world’s first USD yield ETP in May, leading the release of two new crypto ETFs in Australia and the world’s first Bitcoin and Gold ETP on SIX Swiss Exchange. Additionally, 21Shares recently released the sixth issue of its State of Crypto report, which explores current trends in the crypto industry and what investors are doing to successfully optimize their crypto portfolios.

To learn more about any of these announcements, please visit www.21shares.com.

ETN Name IS IN Teleprinter Dimension design exchanger Registration date
21Shares S&P Risk Controlled Bitcoin Index ETP CH1194038563 SPBTC USD SIX Swiss Stock Exchange 20.07.2022
21Shares S&P Risk Controlled Ethereum Index ETP CH1194038571 SPETH USD SIX Swiss Stock Exchange 20.07.202

Press contacts:
Arielle Sobel, Global Communications Manager, press@21shares.com

Megan Enright, Communications Manager, press@21shares.com

About 21Shares:

21Shares takes innovation to the next level with the world’s largest suite of cryptocurrency exchange-traded products (ETPs). In 2018, she launched the world’s first cryptocurrency index listing on the SIX Swiss Exchange, and she continues to propel her 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. 21Shares is a Swiss company registered in Zug, Switzerland with offices in Zurich and New York. For more information, please visit www.21shares.com.

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 reported in connection with, any offer or commitment in any jurisdiction. This document constitutes an advertisement within the meaning of the Swiss law on financial services and not a prospectus. This document and the information herein are not intended for distribution in or to (directly or improperly) the United States, Canada, Australia or Japan or any other jurisdiction in which distribution or publication would be unlawful . This document does not constitute an offer to sell securities or a solicitation of an offer to buy in the United States, Canada, Australia or Japan. The securities of 21Shares AG attributed to these documents 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 to United States without registration. or an applicable exemption from the registration requirements of the Securities Act or in connection with a transaction not subject to them. There will be no public offering of securities in the United States. This material is only being distributed and is directed only to: (i) investment professionals falling within section 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 they may lawfully be disclosed, falling within section 49(2)(a) to (d) of the Order (all such persons being together known ” persons concerned ” ); or (iii) relevant persons under section 43(2) of the Ordinance, including existing members and creators of the Society or (iv) any other person to whom this material may lawfully be disclosed in circumstances where the Article 21(1) of the FSMA does not apply. The Securities are accessible only to relevant persons and any invitation, offer or agreement to subscribe, purchase or acquire such securities will only be entered into 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 France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, the Netherlands, Norway, Poland, Romania, Slovakia, Spain, Lichtenstein) which implemented the Prospectus Regulation (EU) 2017/1129, as well as all the applicable in any Member State, the “Prospectus Regulation”, this communication is addressed and addressed only to qualified investors of this 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 Prospectus 2021 Base Rate (EU) is available on the Issuer’s website at www.21Shares.com. The approval of the Base Prospectus 2021 (EU) should not be understood as an approval by the SFSA of the transferable securities which are free or admitted to trading on a regulated market. Prospective eligible 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 deciding to invest in the securities. The S&P Bitcoin Dynamic Rebalancing Risk Control 40% Index and the S&P Ethereum Dynamic Rebalancing Risk Control 40% Index are products of S&P Dow Jones Indices LLC (“S&P DJI”). S&P®, S&P 500® and US500 are registered trademarks of Standard & Poor’s Financial Services, LLC, and are used under license by S&P DJI and 21Shares AG. The 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC) and 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) are not sponsored, endorsed, sold or promoted by S&P DJI or its affiliates and neither S&P DJI nor its affiliates statements or recommendations. nor are they responsible for any errors, omissions or interruptions in the S&P Bitcoin Dynamic Rebalancing Risk Control 40% Index or the S&P Ethereum Dynamic Rebalancing Risk Control 40% Index regarding the advisability of investing in such ETPs.

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