Press Release: 21Shares Bitcoin ETP Offered To -2-

21.09.2020 – 08:00 | Quelle: Dow Jones Newsw… | Lesedauer etwa 8 min. | Text vorlesen Stop Pause Fortsetzen

Press Release: 21Shares Bitcoin ETP Offered To Scandinavian Investors Via Nordnet AB

21 September 2020 – Stockholm | Zurich – 21Shares AG
https://www.globenewswire.com/Tracker?data=-c7pvliOuEv7hlbRvuGpxhpGdY4C94Ct6_Q9B9Iz2WJy9zOTzqtiEaZPzjNv-QTQUW9V1crQT9XZPHCnAZZRiQ
, 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
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‘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.

“Sweden has always been a special place for me as it was the first EU
country to allow a bitcoin structure to be admitted on the Nasdaq Nordic
exchange back in 2015, it is now time to present the market with the
latest engineered products that are fully compliant, transparent and
cost effective using crypto as underlyings. We are delighted to be
working with Nordnet as their clients have always been keen users of
such trading products ” said Laurent Kssis, Managing Director at
21Shares in charge of the Swedish expansion and whose foray into
engineered crypto vehicles is not new in the Swedish market having
listed ETNs on Nasdaq Stockholm and NGM.

Jacob Lindberg, CEO of the regulated crypto index provider Vinter
Capital
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in Stockholm said: “We welcome additional issuers such as 21Shares to
Sweden, the largest and most developed market in Europe for
exchange-traded crypto products. With both long and short price exposure
to Bitcoin via 21Shares’ products you can finally express a prudent
approach to bitcoin just like you would in conventional financial
markets. Innovative crypto index products are an inevitable next step to
further institutionalise the asset class.”

About 21Shares

21Shares makes investing in crypto assets as easy as buying shares using
your conventional broker or bank. Investors can invest in
cryptocurrencies using a conventional ETP structure (or tracker) easily,
with total confidence and security, cost effectively thanks to the
21Shares suite of ETPs launched by 21Shares and now composed of 11
Crypto ETPs : the 21Shares Crypto Basket Index ETP (HODL), 21Shares
Bitcoin (ABTC/21XB), 21Shares Ethereum (AETH), 21Shares XRP (AXRP),
21Shares Bitcoin Cash ETP (ABCH), 21Shares Binance ETP (ABNB), 21Shares
Tezos ETP (AXTZ), 21shares Bitcoin Suisse ETP (ABBA), 21Shares Bitwise
10 ETP (KEYS), Sygnum Platform Winners Index ETP (MOON) and 21Shares
Short Bitcoin ETP (SBTC/21XS). The entire suite is listed on a regulated
framework on the official market of Deutsche Boerse, SIX Swiss Exchange,
BX Swiss and some on Boerse Stuttgart in CHF, USD, GBP and EUR
respectively. Founded in 2018, 21Shares is led by a team of talented
serial entrepreneurs and experienced banking professionals from the
technology and financial world. Incorporated in Zug, with offices in
Zurich and New York, the company has launched several world firsts,
including the first listed crypto index (HODL) in November 2018.
21Shares has 11 crypto ETPs listed today and has over $90 million in AuM
in total listed.

Press Contact

Laurent Kssis +4144 260 8660 press@21Shares.com
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Disclaimer

This document and the information contained herein are not for
distribution in or into (directly or indirectly) the United States,
Canada, Australia or Japan or any other jurisdiction in which the
distribution or release would be unlawful. This document does not
constitute an offer of securities for sale in or into the United States,
Canada, Australia or Japan.This document does not constitute an offer to
sell, or a solicitation of an offer to purchase, any securities in the
United States. The securities of 21Shares AG to which these materials
relate 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 in the United States absent registration or an
applicable exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act. There will not be a
public offering of securities in the United States.This document is only
being distributed to and is only directed at: (i) to investment
professionals falling within Article 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 it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order (all
such persons together being referred to as “relevant persons”); or (iv)
persons who fall within Article 43(2) of the Order, including existing
members and creditors of the Company or (v) any other persons to whom
this document can be lawfully distributed in circumstances where section
21(1) of the FSMA does not apply. The Securities are only available to,
and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such securities will be engaged in only 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 the Austria, Belgium, Denmark, Finland, France, Germany, Great
Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway,
Spain and Sweden) that has implemented the Prospectus Regulation (EU)
2017/1129, together with any applicable implementing measures in any
Member State, the “Prospectus Regulation”) this communication is only
addressed to and is only directed at qualified investors in that Member
State within the meaning of the Prospectus Regulation. Exclusively for
potential investors in Austria, Belgium, Denmark, Finland, France,
Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the
Netherlands, Norway, Spain and Sweden the 2019 Base Prospectus (EU) is
made available on the Issuer’s website under www.21Shares.com. The
approval of the 2019 Base Prospectus (EU) should not be understood as an
endorsement by the SFSA of the securities offered or admitted to trading
on a regulated market. Eligible potential investors should read the 2019
Base Prospectus (EU) and the relevant Final Terms before making an
investment decision in order to understand the potential risks
associated with the decision to invest in the securities. You are about
to purchase a product that is not simple and may be difficult to
understand. 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
relied upon in connection with, any offer or commitment whatsoever in
any jurisdiction.This document constitutes advertisement within the
meaning of the Swiss Financial Services Act (the “FinSA”) and not a
prospectus. In accordance with article 109 of the Swiss Financial
Services Ordinance, the Base Prospectus dated 13 November 2019, as
supplemented from time to time (the “Base Prospectus”) and the final
terms for SBTC dated 22 January 2020 (the “Final Terms”, and together
with the Base Prospectus, the “Prospectus”) have been prepared in
compliance with articles 652a and 1156 of the Swiss Code of Obligations,
as such articles were in effect immediately prior to the entry into
effect of the FinSA, and the Listing Rules of the SIX Swiss Exchange in
their version in force as of January 1, 2020. Consequently, the
Prospectus has not been and will not be reviewed or approved by a Swiss
review body pursuant to article 51 of the FinSA, and does not comply
with the disclosure requirements applicable to a prospectus approved by
such a review body under the FinSA. Copies of the Prospectus are
available free of charge from the website of the Issuer. Subject to
applicable securities laws, the Base Prospectus and the final terms of
any product mentioned herein can be obtained from 21Shares AG on the
website. Copies of this document may not be sent to jurisdictions, or
distributed in or sent from jurisdictions, in which this is barred or
prohibited by law. The information contained herein does not constitute
an offer to sell or the solicitation of an offer to buy, in any
jurisdiction in which such offer or solicitation would be unlawful prior

(MORE TO FOLLOW) Dow Jones Newswires

September 21, 2020 02:00 ET ( 06:00 GMT)

to registration, exemption from registration or qualification under the
securities laws of any jurisdiction.

(END) Dow Jones Newswires

September 21, 2020 02:00 ET ( 06:00 GMT)

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