21shares, one of the world’s largest issuers of cryptocurrency exchange traded products (ETPs), is preparing to launch more of its products in the UK.
The firm’s base prospectus has been approved by the Financial Conduct Authority (FCA) and is now available for viewing.
Publishing a base prospectus is a requirement from the FCA for products to be admitted to trading on a UK regulated market.
The products are expected to be admitted to trading in the main market of the London Stock Exchange.
The firm has also added staking rewards to the 21shares Hyperliquid Staking ETP, allowing investors to capture underlying protocol yields in addition to tracking the price performance of Hyperliquid, the dominant decentralised exchange (DEX) for perpetual futures.
21shares launched its 21Shares Bitcoin Gold ETP (BOLD) on the London Stock Exchange in January, which was its fifth cryptocurrency product to receive prospectus approval from the FCA for UK retail investors.
