21Shares Broadens European Footprint with Dual ETP Listings for Crypto Assets

The landscape of regulated digital asset investment in Europe continues to evolve, with 21Shares at the forefront of product innovation. The asset manager has officially introduced two new exchange-traded products to its European offering: the Lighter ETP and the Venice Token ETP. Both products are physically backed, providing direct exposure to the underlying assets through a familiar, regulated security structure.

Key Listings and Market Access

The Lighter ETP (Ticker: LIHT) has commenced trading on Xetra, one of Germany's premier electronic trading platforms known for its deep liquidity. This listing strategically targets the core Eurozone market while also catering to international investors by facilitating trading and settlement in both Euros (EUR) and US Dollars (USD).

Simultaneously, the Venice Token ETP (Ticker: VENC) has made its debut on the SIX Swiss Exchange. SIX is a key financial hub renowned for its robust regulatory framework and institutional investor base. This product is traded and denominated in USD, aligning with the preferences of a global investor audience.

Fee Structure and Investor Considerations

Investors will find a consistent fee approach across both new offerings. Each ETP carries a total expense ratio (TER) of 2.50% per annum. This industry-aligned fee covers the operational costs associated with secure custody, regular auditing, and fund administration.

  • Transparency & Security: The physically-backed model ensures direct asset ownership, mitigating counterparty risk as the underlying tokens are held with specialized custodians.
  • Regulated Access: Listing on major traditional exchanges allows investors to gain exposure using conventional brokerage accounts, bypassing the complexities of direct digital asset custody.
  • Strategic Reach: The dual-exchange launch provides comprehensive coverage across two pivotal European financial centers—Germany and Switzerland—maximizing potential investor access.

This launch by 21Shares signifies more than just new product additions; it highlights the growing institutional demand for compliant pathways into the digital asset ecosystem. For traditional market participants, such ETPs are increasingly vital instruments, effectively bridging the gap between conventional finance and the emerging world of crypto assets.