XRP Enters Regulated Spotlight as 21Shares Hits Nasdaq Stockholm With Fully-Backed ETP

XRP’s pivotal role in cross-border payments gains momentum as new ETPs debut on Nasdaq Stockholm, signaling a breakthrough for compliant crypto access across Europe.

XRP Accelerates ‘Breakthrough Moment for Crypto in Europe’ With Compliant ETP Access

Crypto investment firm 21Shares AG, known for pioneering exchange-traded products (ETPs) tied to digital assets, announced new listings on Nasdaq Stockholm as part of its continued European expansion on March 24.

Based in Zurich and managing more than $7.5 billion in assets, 21Shares confirmed: “The newly listed products include the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP).” The company, which operates on 11 major exchanges including Euronext Amsterdam and SIX Swiss Exchange, is seeking to broaden access to crypto for both institutional and retail investors in the Nordic region.

Speaking about the broader strategic shift and regulatory developments, Mandy Chiu, Head of Financial Product Development at 21Shares, stated:

This year represents a breakthrough moment for crypto in Europe, with increasing confidence driven by the MiCA regulatory framework and a significant rise in institutional participation.

“Our presence on Nasdaq Stockholm reflects our ambition to simplify crypto investing for European investors,” she added. The newly launched CBTC provides physically-backed bitcoin exposure with a low management fee of 0.21%, while ASOL gives users the ability to earn staking yields through the Solana blockchain. These products offer investors a regulated way to engage with growing crypto sectors like decentralized finance and blockchain-based identity systems.

In highlighting the strategic value of its XRP offering, the firm described:

21Shares XRP ETP (AXRP) is fully backed by XRP, offering investors transparent and regulated exposure to XRP’s critical role in cross-border payments.

With these listings, 21Shares is increasing its presence in markets where demand for compliant, secure digital asset investments is accelerating. The launch on Nasdaq Stockholm marks another step in the firm’s effort to bridge traditional finance with decentralized innovations, reinforcing its role as a key player in the global crypto ETP space.