Swiss crypto issuer 21Shares has selected Vinter, the specialised crypto asset index provider, for its existing and new range of crypto ETPs.
21Shares writes that it is cementing its position in the European crypto ETP industry through the firm’s commitment to staying innovative and focusing on institutional grade products and research for investors.
The agreement with Vinter materialised from 21Shares’s desire to offer innovative strategies genuinely tailor made for this industry and captures more closely and accurately the asset growth, universe and selection process borne from this partnership, the firm says.
For one of its 21Shares existing ETP crypto basket, the Sygnum Moon Winner, Vinter will take responsibility for the administration and calculation of the indices, a role previously undertaken by MVIS Indices.
Hany Rashwan, CEO of 21Shares, says: “We continue to share our vision with the financial industry, and through this collaboration with Vinter, we are able to deploy this innovative set of indices precisely crafted to our clients’ requests and delivering strategies wrapped into an ETP. We remain ahead of the game with our range of crypto ETP. Our 15 ETPs and asset growth are a testament of the demand from investors requesting to get exposure to these new asset classes as well as investing in innovative indices. “
Jacob Lindberg, CEO of Vinter, says: “We are pleased to partner with 21Shares, offering investors robust and reliable crypto index products. Being innovative, smart, and delivering high-quality products is paramount in the competitive landscape of ETFs and ETPs. 21Shares is hitting its stride in this industry, and we are thrilled to support them through their continued journey.”