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<p class="is-style-lead">21Shares added four ETPs to its Europe offerings as crypto fund issuers flooded the region with more digital asset investment products.</p>
<p>On Nov. 27, the Swiss wealth manager introduced new exchange-traded products underpinned by four cryptocurrencies, including Pyth Network (<a href="https://crypto.news/price/pyth-network/" target="_blank" rel="noopener noreferrer nofollow">PYTH</a>), Ondo (<a href="https://crypto.news/price/ondo/" target="_blank" rel="noopener noreferrer nofollow">ONDO</a>), Render (<a href="https://crypto.news/price/render/" target="_blank" rel="noopener noreferrer nofollow">RNDR</a>), and the Near Protocol (<a href="https://crypto.news/price/near-protocol/" target="_blank" rel="noopener noreferrer nofollow">NEAR</a>). 21Shares said that its latest additions covered price oracle, asset tokenization, decentralized computing, and artificial intelligence, respectively.</p>
<p>Also, 21Shares will allow investors to <a href="https://x.com/21Shares/status/1861333216919166998" target="_blank" rel="noopener noreferrer nofollow">reinvest</a> staking rewards from NEAR into the ETP. Near’s proof-of-stake blockchain model enables buyers to secure the network by locking tokens. The practice is called staking and earns yield for participants.</p>
<p>21Shares noted that reinvesting rewards could improve its NEAR ETP performance and deliver bigger customer gains. All four ETFs will be tradable on exchanges across Amsterdam and Paris, to name a few cities.</p>
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   <p lang="en" dir="ltr">Big news: Four game-changing ETPs just released! Introducing our newest products focused on oracles (PYTH), tokenization (ONDO), decentralized computing (RNDR), and artificial intelligence (NEAR). Find out more about each product and either of the links below. <a rel="noopener noreferrer nofollow" href="https://t.co/szwt5LN17W" target="_blank">pic.twitter.com/szwt5LN17W</a></p>— 21Shares (@21Shares) <a href="https://twitter.com/21Shares/status/1861333216919166998?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 26, 2024</a>
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<p>You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/ethereum-core-etp-gains-staking-rewards-with-21shares-update/"> News Ethereum Core ETP gains staking rewards with 21Shares update </a></p>
<h2 class="wp-block-heading" id="21shares-pushes-european-expansion">21Shares pushes European expansion</h2>
<p>Additions to the 21Shares crypto ETP fleet were announced weeks after the Zug-based issuer sought regulatory clarity. In October, the fund manager <a href="https://crypto.news/crypto-etp-giant-21shares-urges-european-regulator-to-bring-regulatory-clarity/" target="_blank" rel="noopener noreferrer nofollow">urged</a> European watchdogs to provide clear guidelines for retail and institutional digital asset product investors.</p>
<p>Although the Markets in Crypto-Assets Regulation created rules for stablecoin operators and exchanges, a gap remains regarding ETFs and ETPs in Europe.&nbsp;</p>
<p>21Shares opined that the European Securities and Markets Authority could bridge the gap and offer a comprehensive framework for all EU member states.</p>
<p>In the meantime, the fund issuer leveraged flexible policies on crypto staking. Earlier in November, it rebranded its Ethereum Core ETP to include staking rewards. The product was <a href="https://crypto.news/ethereum-core-etp-gains-staking-rewards-with-21shares-update/" target="_blank" rel="noopener noreferrer nofollow">renamed</a> the Ethereum Core Staking ETP to reflect the change.</p>
<p>Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/crypto-etf-issuer-bitwise-rebrands-xrp-etp-with-ripples-backing/"> Crypto ETF issuer Bitwise rebrands XRP ETP with Ripple’s backing </a></p>

21Shares unveils four new European crypto ETPs

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