{"id":80113,"date":"2023-06-13T10:18:21","date_gmt":"2023-06-13T07:18:21","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80113"},"modified":"2025-09-11T14:52:21","modified_gmt":"2025-09-11T11:52:21","slug":"21shares-launches-lido-dao-based-etp","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/21shares-launches-lido-dao-based-etp\/","title":{"rendered":"21Shares launches Lido DAO-based ETP"},"content":{"rendered":"<p>The cryptocurrency<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\"> ETP<\/a> provider 21Shares<a href=\"https:\/\/cdn.21shares.com\/uploads\/current-documents\/ISS\/LIDO\/Issuer%20Specific%20Summary%20-%20LIDO%20-%20EN.pdf\"> expanded<\/a> its lineup of instruments to an exchange-traded product based on Lido DAO (LDO).<\/p>\n<p>Investors will have the opportunity to take on the risk of price changes of the market&#8217;s leading<a href=\"https:\/\/forklog.com\/en\/news\/what-is-liquid-staking\"> liquid-staking<\/a> token.<\/p>\n<p>21Shares described the product as the riskiest, citing market volatility and regulatory uncertainty.<\/p>\n<p>The 21Shares Lido DAO ETP is available to clients in 21 countries and has been listed on platforms such as BX, the SIX Swiss Exchange, and the Stuttgart Stock Exchange.<\/p>\n<p><span data-descr=\"management fee\" class=\"old_tooltip\">Management fee<\/span> is 2.5%, <span data-descr=\"success fee\" class=\"old_tooltip\">success fee<\/span> \u2014 0%.<\/p>\n<p><span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> of the product<a href=\"https:\/\/21shares.com\/product\/LIDO\"> amounts to $81,690<\/a>. Overall, across all 37 crypto-ETPs, the company manages<a href=\"https:\/\/21shares.com\/about-us\"> over $1.1 billion<\/a>.<\/p>\n<p>According to the dashboard on <a href=\"https:\/\/dune.com\/hildobby\/eth2-staking\">Dune Analytics<\/a>, more than 20 million ETH are staked in Lido. The provider accounts for 31.6% of the market, with 7.18 million ETH.<\/p>\n<p>According to DeFi Llama, <span data-descr=\"total value locked\" class=\"old_tooltip\">TVL<\/span> of the project stands at $12.71 billion. By this metric the protocol ranks first, more than twice ahead of its nearest competitor MakerDAO ($5.8 billion).<\/p>\n<p>Back in May, the Lido Finance team rolled out the second version of the protocol after a successful community vote.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency ETP provider 21Shares expanded its lineup of instruments to an Lido DAO-based exchange-traded product.<\/p>\n","protected":false},"author":1,"featured_media":80114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1372,1387],"class_list":["post-80113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-21shares","tag-lido"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=80113"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80113\/revisions"}],"predecessor-version":[{"id":80115,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80113\/revisions\/80115"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/80114"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=80113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=80113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=80113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}