21Shares, founded in Zug (Switzerland’s “Crypto Valley”) in 2018 as Amun, is the global pioneer of exchange-traded crypto products: in November 2018 it listed the world’s first basket crypto ETP on the SIX. In the US it partners with ARK Invest.
What sets it apart. Its ETPs are 100% backed by physical crypto in institutional cold storage, and for several coins staking rewards are rebated into the product’s value, lowering the effective cost. Mind the KID risk: for these products it is almost always the top of the scale.
Main exchanges: Euronext Parigi · Euronext Amsterdam · Xetra · SIX Zurigo · Borsa Italiana