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21Shares gains BX Swiss listing for FTX Token- and Decentraland-based ETPs

The provider of physically backed crypto exchange-traded products (ETPs), 21Shares, announced the listing of FTX Token (FTT) and Decentraland (MANA)–based instruments on the Swiss BX Swiss exchange.

In an interview with Blockworks, company representatives said that with the launch of ETPs based on MANA and FTT they provided clients with an opportunity to bet on the development of Web 3.0 and the growth of the world’s third-largest crypto trading platform by trading volume.

Total Expense Ratio will be 2.5%.

As of February 2022, 21Shares had launched 28 crypto ETPs with listings on ten regulated EU and Swiss exchanges. Assets under management by the firm exceeded $2 billion.

The company designs new ETPs, taking into account trading metrics, the team, investors and the community.

Back in June 2021, 21Shares, together with ARK Invest filed a request to launch a Bitcoin ETF in the United States.

In December, the firm received listing for a Polygon-based ETP on Euronext.

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