Important Updates on 21Shares Exchange Traded Products

Key Updates on 21Shares Exchange Traded Products

In the dynamic world of financial products, 21Shares has made significant updates regarding its Exchange Traded Products (ETPs) recently. These updates directly affect various aspects of their offerings, providing investors with a better understanding of what to expect moving forward.

Overview of 21Shares ETPs

21Shares is well-known for its innovative approach to cryptocurrency investment through ETPs. Their offerings include well-structured products like the 21Shares Bitcoin ETP (ISIN: CH0454664001, TIDM: ABTC / BTCU) and the 21Shares Ethereum Staking ETP (ISIN: CH0454664027, TIDM: AETH / ETHU), among others. Each of these ETPs presents a unique opportunity for investors interested in diversifying their portfolios with cryptocurrency exposure in a regulated framework.

Technical Updates to Tranche Structure

The latest announcement includes technical corrections that modify how tranches of these ETPs are structured and managed. The company has decided to implement a refined approach to tranche designation, moving away from the previous standard of labeling all issuances as "Tranche Number 1." Instead, a systematic tranche numbering will be introduced across all Final Terms.

This update will enhance transparency regarding the shares issued within each tranche, allowing investors to understand the total shares outstanding and track investments more effectively. Going forward, both new and existing ETPs will adopt this methodology as part of their routine reporting on share issuances.

Impacts on Each Product

For investors following specific products, here are the details regarding the latest tranche updates:

• 21Shares Bitcoin ETP: As of 15 January 2025, there will be 39 tranches issued.
• 21Shares Ethereum Staking ETP: By 14 January 2025, there will be a total of 37 tranches.
• 21Shares Bitcoin Core ETP: On 15 January 2025, expect 40 total tranches issued.
• 21Shares Ethereum Core Staking ETP: As of 9 December 2024, there will be 20 total tranches.

Outstanding Shares Information

Alongside the updates on tranche structuring, 21Shares also provided important information on the number of shares outstanding for its ETPs across different dates. This data will empower investors to gauge the liquidity and market depth of each product more accurately.

As of the specified dates, here are the current outstanding shares:

• 21Shares Bitcoin ETP: 26,152,500 shares outstanding as of 15 January 2025.
• 21Shares Ethereum Staking ETP: 12,325,000 shares outstanding as of 14 January 2025.
• 21Shares Bitcoin Core ETP: 13,155,000 shares outstanding as of 15 January 2025.
• 21Shares Ethereum Core Staking ETP: 2,510,000 shares outstanding as of 9 December 2024.

Company Details

21Shares AG, a stock corporation governed by Swiss law, is headquartered at Pelikanstrasse 37, 8001 Zurich. Investors and interested parties can contact the company directly at:

Mr. Eric Baumgartner
Pelikanstrasse 37
8001 Zurich
Switzerland
Email: legal@21.co

Frequently Asked Questions

What are the key products offered by 21Shares?

21Shares offers various ETPs including the Bitcoin ETP and Ethereum Staking ETPs, designed for cryptocurrency investment through traditional stock exchanges.

How do the tranche updates affect investors?

The updates enhance clarity around tranche designations and provide detailed insights into the number of outstanding shares, helping investors make informed decisions.

Where can I find more information about 21Shares products?

Further information is available through the 21Shares website and official documentation available from the company.

What is the company's registered address?

21Shares AG is registered at Pelikanstrasse 37, 8001 Zurich, Switzerland.

How can I contact 21Shares for inquiries?

For inquiries, reach out to 21Shares AG via email at etp@21shares.com.

About The Author

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