ETF Securities and 21Shares, the world’s first and largest crypto ETP provider, are partnering to launch Australia’s first Bitcoin and Ethereum ETFs and a best-in-class blockchain research and education centre.
Subject to regulatory approvals, the ETFS 21Shares Bitcoin ETF (EBTC) and ETFS 21Shares Ethereum ETF (EETH) will provide Australians a way to invest in Bitcoin and Ether, via funds operated by ETF Securities, the world’s first issuer of a GOLD-backed ETP, in partnership with 21Shares the world’s pioneering crypto ETP provider.
Zurich-based 21Shares currently has almost US$3 billion in assets under management inside its 20 European crypto ETPs and total 80 listings. The firm has managed Bitcoin and Ethereum ETPs for almost three years and created the world-first physically backed crypto ETP in 2018.
Graham Tuckwell, Executive Chairman, ETF Securities Australia said: “Once we had decided to build a range of crypto ETFs for the Australian market, there was only one partner we wanted to work with and that’s 21Shares. They are the cutting edge of crypto ETPs in the world today.”
The research and education centre will build on 21Shares investment-grade and cutting-edge research, which is some of the most comprehensive in the world. It covers a vast range of different cryptocurrencies and blockchains. This includes famous cryptocurrencies like Bitcoin and Ether, but also lesser-known but faster-growing cryptos like Solana, Polygon or Avalanche.
The research centre will explain in simple English how the often-complicated world of blockchain works. It will also feature the bleeding edge news on crypto, various blockchain metrics, price action and important news on miners, custodians and other companies in the supply chain.
Hany Rashwan, CEO, 21Shares said: “We are excited to partner with ETF Securities Australia to launch crypto ETFs for Australian investors. This partnership is an opportunity to combine our expertise to provide the simplest and most transparent way to access the best performing asset class of the last 10 years.”