TL;DR:
- 21Shares has expanded its European presence with six new crypto ETPs on Nasdaq Stockholm, including Aave, Cardano, Chainlink, Polkadot and two basket products.
- The firm now lists 16 ETPs in Sweden and manages nearly $8 billion globally.
- The launch follows a new Solana ETF and comes amid a wave of U.S. crypto fund releases, especially spot XRP ETFs, even as Bitcoin ETFs face heavy outflows.
The European crypto investment landscape is shifting again as 21Shares widens its footprint, rolling out a fresh batch of exchange-traded products that target some of the market’s most traded altcoins. The move lands at a time when new crypto funds flood the U.S., signaling intensifying global competition for investor attention.
21Shares Adds Six New Crypto ETPs as Demand Grows Across Nordic Markets
The latest expansion brings six additional ETPs to Nasdaq Stockholm, broadening the firm’s European lineup to 16 total products on the Swedish exchange. The new offerings include Aave, Cardano, Chainlink, Polkadot, and two diversified crypto baskets, giving both retail and institutional investors new pathways to build targeted or mixed exposure within regulated markets.
According to the firm, Nordic demand for diversified crypto access continues rising, with investors seeking cost-efficient products inside familiar trading environments. The updated roster deepens the platform’s multi-asset toolkit, reinforcing the region as one of Europe’s most active hubs for regulated digital-asset investing.
The launch also comes immediately after the introduction of a Solana ETF, further accelerating 21Shares’ momentum. With a global footprint spanning multiple U.S. and European exchanges, the firm now manages nearly $8 billion in assets, representing around 4% of the worldwide crypto ETF market. Roughly half of that AUM sits in U.S. products developed in partnership with ARK Invest, highlighting a balanced positioning across continents.
The backdrop of this expansion reflects a heated wave of new crypto ETFs emerging in the U.S., most notably the debut of several spot XRP funds. Following the first XRP ETF listing last week, additional issuers, including Bitwise and Grayscale, are preparing launches that could further reshape investor flows.
Even with this rising enthusiasm, some leading crypto ETFs continue facing turbulence. Bitcoin ETFs, which triggered a structural shift in the market when they launched in early 2024, have recently endured their worst outflow streak in months. BlackRock’s flagship product alone saw more than $520 million exit in a single day. After weeks of withdrawals, total inflows across Bitcoin ETFs have slipped to $27.4 billion—nearly 30% below last year’s total.
Still, 21Shares’ move into additional European markets highlights a stronger theme: despite volatility, institutional adoption of digital-asset products keeps advancing, with Europe and the U.S. pushing forward in parallel.
