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21Shares Slashes Fees, Lists Bitcoin Ethereum ETP on Xetra
- 21Shares has lowered the management fees for its Bitcoin Ethereum Core ETP (ABBA) and listed it on the Xetra exchange. The fee reduction to 0.49% aims to make cryptocurrency investments more affordable for investors. This strategic move strengthens 21Shares’ market presence while improving accessibility to cryptocurrency investments.
- 21Shares has reduced the management fee for ABBA, making Bitcoin investment more cost-effective. The new 0.49% fee structure offers investors a more affordable entry into the cryptocurrency market. Lower costs may attract more institutional and retail investors amid growing interest in digital assets.
- Including ABBA on Xetra strengthens Ethereum’s presence in traditional financial markets. The listing increases liquidity and accessibility for European investors seeking exposure to Ethereum. As a leading exchange, Xetra enhances confidence in cryptocurrency investments.
- The Xetra listing marks a significant step in 21Shares’ expansion strategy. The move increases ABBA’s visibility and availability across European financial markets. This decision aligns with the company’s goal of strengthening its presence in regulated markets.
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