ETF Securities and 21Shares, the world’s first and largest crypto ETP provider, backed by Cathie Wood, 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 $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…
