21Shares Launches New Risk-Controlled Bitcoin and Ethereum ETPs: A Safe Haven in Crypto Winter?
Leading crypto exchange-traded products (ETPs) issuer 21Shares has launched S&P risk-controlled Bitcoin and Ethereum ETPs, offering investors a potentially safer entry point into the volatile cryptocurrency market. This comes amid the broader European cryptocurrency investment firm 21Shares rolled out two new Bitcoin and Ether exchange-traded products (ETP) on Wednesday. The new offerings are risk Digital assets specialist 21Shares has unveiled two new crypto ETPs in Europe providing directly backed exposure to bitcoin and ether while managing volatility. As part of the Crypto Winter Suite, the ETPs seek to limit cryptocurrencies’ volatility by tracking the S&P Bitcoin Dynamic Rebalancing Risk Control 40% Index and the, aiming to provide stability during market downturns.
21Shares has announced two new ETPs (Exchange Traded Products) on the SIX Swiss Exchange: the 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC) and a similar Ethereum offering. These ETPs are designed to mitigate the inherent volatility associated with Bitcoin and Ethereum, appealing to investors seeking a less turbulent crypto investment.
The world’s largest issuer of crypto ETPs has released two new risk-adjusted investment products specifically engineered to manage downside risk. Despite the collapse of the cryptocurrency markets this year, the Swiss cryptocurrency ETP company 21Shares has witnessed new crypto inflows reach new all-time highs, demonstrating continued investor interest in digital assets, albeit with a growing demand for risk management solutions.
These "risk controlled" ETPs from 21Shares offer a potentially attractive option for those looking to gain exposure to Bitcoin and Ethereum without the extreme volatility often associated with direct cryptocurrency ownership. By tracking the S&P Risk Controlled Indices, these ETPs dynamically rebalance their exposure to Bitcoin and Ethereum based on market conditions, aiming to protect capital during periods of high volatility and capture upside potential during rallies. SPBTC and the Ethereum counterpart are available on the SIX Swiss Exchange.