21Shares, one of the world’s largest crypto exchange-traded product issuers, is expanding its European footprint with six new listings on Nasdaq Stockholm. The company announced that it has cross-listed additional ETPs covering Aave, Cardano, Chainlink, Polkadot, and two diversified crypto basket products.
With these additions, 21Shares now offers 16 ETPs on Sweden’s main stock exchange. This represents only a portion of its broader European presence, which spans major venues including SIX Swiss Exchange, Deutsche Börse Xetra, and Euronext Amsterdam.
The new listings come just one day after the firm launched its Solana ETF, adding to a rapidly growing lineup of SOL-focused products. According to 21Shares, investor demand in the Nordic region continues to grow, especially among those seeking diversified and low-cost access to cryptocurrencies through regulated markets.
Alistair Byas Perry, head of EU investments at 21Shares, said the expansion provides both retail and institutional investors with more tools to customize their digital asset portfolios. He emphasized that the company aims to offer a transparent and trusted framework for crypto investing across Europe.
Globally, 21Shares manages around $8 billion in assets, representing approximately 4 percent of the $191.5 billion held in crypto ETFs worldwide. Almost half of its total assets come from U.S.-based crypto ETFs, which are issued in partnership with Cathie Wood’s ARK Invest.
The expansion occurs during a surge of new crypto ETFs in the United States. Spot XRP ETFs recently debuted on the Nasdaq exchange, and additional XRP funds from Bitwise and Grayscale are set to launch imminently. XRP has now become the sixth crypto asset to underpin a single-asset ETF in the U.S., following Bitcoin, Ether, Solana, Litecoin, and Hedera.
Despite the strong momentum behind new U.S. products, Bitcoin ETFs have struggled recently. BlackRock’s iShares Bitcoin ETF recorded more than $520 million in outflows on Tuesday, marking its worst day to date. After four straight weeks of outflows, year-to-date inflows in Bitcoin ETFs have fallen to $27.4 billion, down roughly 30 percent from last year’s total of $41.7 billion.
