Nasdaq Dubai Welcomes 21Shares Bitcoin ETP: A Landmark Moment for Middle East Crypto Investment

The Middle East just took a giant leap forward in crypto investment! 21Shares, a prominent crypto investment product firm, has launched a physically-backed Bitcoin ETP on the Nasdaq Dubai under the ticker symbol ABTC, marking its debut in the region. This exciting development opens the door for both institutional and retail investors to access Bitcoin in a regulated and accessible way.

21Shares Bitcoin ETP (ABTC) Now Trading on Nasdaq Dubai

JUST IN: Crypto firm 21Shares launched Wednesday $ABTC, the first physically-backed bitcoin ETP in the Middle East, on Nasdaq Dubai. This signifies a major step towards mainstream adoption of cryptocurrency investments in the MENA (Middle East and North Africa) region.

A Physically-Backed Bitcoin ETP for Enhanced Security

Unlike some synthetic ETPs, the 21Shares Bitcoin ETP is physically-backed, meaning it holds actual Bitcoin to support the shares. This structure offers investors enhanced security and transparency, making it a more attractive option for those seeking exposure to Bitcoin\'s potential upside.

21Shares Expands Its Reach to the MENA Market

Switzerland-based crypto asset manager 21Shares has expanded its range of bitcoin ETPs to the MENA market, demonstrating its commitment to providing investors worldwide with access to innovative crypto investment products. The 21Shares Bitcoin fund is now listed on the Nasdaq Dubai.

21Shares: A Leading Provider of Cryptocurrency ETPs

DUBAI, UAE – 21Shares AG (“21Shares”), part of parent company, 21.co, and the world’s largest issuer of cryptocurrency exchange traded products (ETPs), today announced the listing. 21.co said on Wednesday its subsidiary 21Shares AG has listed a bitcoin exchange-traded product on Nasdaq Dubai, making it the first of its kind in the region.

The Future of Crypto Investment in the Middle East

With the launch of the 21Shares Bitcoin ETP on Nasdaq Dubai, the Middle East is poised to become a significant player in the global crypto investment landscape. This move provides investors with a regulated and transparent way to participate in the growth of Bitcoin, while also solidifying 21Shares\' position as a leader in the cryptocurrency ETP market.