PortfolioMetrics

ETHC

- 21Shares Ethereum Core ETP

Key Information

Earliest date2024-11-04
ExchangeXETR
Instrument TypeCommon Stock
MIC CodeXETR
CountryGermany

About ETHC

The 21Shares Ethereum Core ETP is an exchange-traded product designed to provide exposure to Ethereum, one of the leading cryptocurrencies. This ETP allows investors to gain access to price movements of Ethereum without the need to manage private keys or storage solutions typically associated with owning digital assets directly. Primarily, it serves the purpose of simplifying investment in Ethereum by offering a secure and regulated financial product traded on traditional stock exchanges. Notably, 21Shares Ethereum Core ETP is part of the broader expansion of financial products aimed at bridging the gap between traditional financial markets and the burgeoning world of cryptocurrencies. It plays a significant role in facilitating institutional and retail participation in cryptocurrency investments, catering to those who prefer the security and convenience of familiar financial instruments. The presence of such ETPs in the market underscores the increasing acceptance and integration of digital currencies in mainstream investment portfolios. By offering an accessible means to engage with blockchain technologies, it contributes to the diversification and innovation within the financial landscape.