Cryptocurrency

21Shares Closes 6 Crypto Exchange-Traded Products

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The products on the chopping block include the 21Shares Crypto Layer 1 ETP (LAY1), the 21Shares DeFi 10 Infrastructure ETP (DEFII), 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC), the 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) and the 21Shares USD Yield ETP (USDY), which will all close after the April 6 trading day. The sixth product – 21Shares Terra Classic ETP (LUNA) – will keep trading until June 12. The six closures have less than $700,000 in assets under management combined.

Mike

Mike is a Staff Writer for Geeker. For over 14 years, he has written about technology and tech history for sites such as The Atlantic, Fast Company, PCMag, PCWorld, Macworld, Ars Technica, and Wired. As a collector of vintage computers and video games for over 25 years, he brings a deep sense of history to his writings and uses that to inform his works on the past, present, and the future of tech.

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