21Shares
21Shares offers a wide range of crypto exchange-traded products (ETPs), including single asset, diversified index, smart index, staking, and inverse ETPs, and manages assets worth approximately $3.12 billion.
Company Overview
21Shares, founded in 2018, is a pioneer in offering crypto exchange-traded products (ETPs). The company provides a range of ETPs, including single asset, diversified index, smart index, staking, and inverse strategies. With assets under management amounting to approximately $3.12 billion, 21Shares operates listed products on 11 exchanges. The company is notable for its commitment to carbon neutrality, a status achieved in 2023. Offices are located in Zurich, New York, and London, enabling a global presence in the industry.
Crypto Exchange-Traded Products
21Shares offers a comprehensive range of crypto exchange-traded products (ETPs) designed for both institutional and retail investors. The product lineup includes single asset ETPs that track the performance of individual cryptoassets like Bitcoin and Ethereum, diversified index ETPs that provide passive and low-cost exposure to a basket of underlying cryptoassets, smart index ETPs that manage volatility by allocating to less volatile assets such as gold or US dollars, staking products that generate passive revenue through staking, and inverse strategy ETPs that offer a -1x return to the performance of an underlying cryptoasset.
ARK 21Shares Bitcoin ETF (ARKB)
The ARK 21Shares Bitcoin ETF (ARKB) provides investors with the opportunity to gain exposure to Bitcoin. This ETF is listed on the Cboe BZX Exchange, Inc. and has assets under management of approximately $3.24 billion. The ETF is fully backed by Bitcoin held in cold storage by one of the largest crypto custodians. It has a management fee of 0.21% and is designed to offer a registered vehicle for long-term strategic holding of Bitcoin. The ARK 21Shares Bitcoin ETF combines the crypto expertise of ARK and 21Shares to provide a reliable investment option.
Asset Management and Collateralization
21Shares manages assets worth approximately $3.12 billion through its diverse range of crypto ETPs. All products offered by the company are fully collateralized, with underlying assets held in cold storage by trusted digital asset custodians. This ensures a 1:1 backing by collateral reserves, providing investors with confidence in the security and integrity of their investments.
Carbon Neutral Initiatives
21Shares has been carbon neutral since 2023, demonstrating a strong commitment to sustainability. The company's carbon offset projects include cleaner power generation, reforestation efforts, and coral reef protection. This rigorous strategy to achieve carbon neutrality involves offsetting emissions through high-quality carbon permits, showing 21Shares' dedication to environmental stewardship.