21 September 2020 – Stockholm | Zurich – 21Shares AG, the world’s leading issuer of crypto Exchange Traded Products (ETP), is bolstering its offering to Swedish and Scandinavian investors via Nordnet Bank’s digital platform for savings and investments.
As of last week, the two approved Xetra listings of 21Shares are available on Nordnet‘s platform allowing investors to access more transparent and cost effective products with exposure to bitcoin. With the 21Shares Bitcoin and Short Bitcoin ETP, 21Shares is paving the way for further expansion and is committed to providing the highest quality products to a community that is already well established. For the first time, Scandinavian investors are now in a position to take advantage of a product that gives them a positive performance when the price of bitcoin drops for a short period of time as well as a long bitcoin exposure with a low management fees of 1.49% (ABTC) per annum using conventional products they have been accustomed to for many years. This follows the success of its eleven other institutional grade crypto exchange-traded products and further cements its status as the specialist firm having the most expansive regulated product suite of crypto assets listed on stock exchanges in Europe.
Scandinavian investors were the first in Europe to enjoy crypto structured products and with time, institutional acceptance filled the market with more manufactured institutional grade products that offer added security, transparency and mostly reduced costs. With over 70% of AuM from institutional investors , 21Shares is delighted to have its products offered via a trusted and recognised broker in Sweden.