21Shares

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FoundedJuly 2018; 7 years ago (2018-07)
Founders
21shares
IndustryInvestment management
FoundedJuly 2018; 7 years ago (2018-07)
Founders
HeadquartersZurich, Switzerland
ProductsExchange-traded funds (ETFs); Exchange-traded products (ETPs)
AUM$11.2 billion[1]
Websitewww.21shares.com/en-ch

21shares is a Switzerland-based financial services company that issues cryptocurrency exchange-traded products (ETPs). The company is headquartered in Zurich, with offices in New York City and London.

21shares was co-founded in July 2018 by Hany Rashwan and Ophelia Snyder and is headquartered in Zurich, Switzerland.[2][3]

In November 2018, the company listed the first physically-backed crypto ETP – HODL – on the SIX Swiss Exchange.[4]

In 2019, 21shares listed their first product on German Stock Exchange XETRA.[5]

In 2022, 21shares had 46 listed products in seven countries and entered the Middle East in October 2022 with the listing of a Bitcoin ETP on Nasdaq Dubai, making it the Middle East's first physically-backed Bitcoin ETP.[6]

In 2024, 21shares expanded into the United Kingdom, listing crypto-backed ETPs on the London Stock Exchange.[7]

In June 2024, 21shares filed an S-1 for spot Solana exchange-traded fund in the U.S.[8] The following month, in July 2024, VanEck and 21shares sent amended Ether exchange-traded fund filings to the SEC to list and trade shares of a spot Ether exchange-traded fund.[9] In September of 2024, 21shares launched a Bitcoin token on the Ethereum blockchain.[10]

Management

Until December 2024, Hany Rashwan and Ophelia Snyder served as the company's chief executive officer and president, respectively. Following a corporate restructuring, Russell Barlow was appointed chief executive officer and Duncan Moir became president.[11][12][13]

Products

Reception

References

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