Crypto ETPs are having a tough run of it. There is an oversupply of some products e.g. Bitcoin ETPs, flows are weak, the SEC is proving stubborn in their stance and the market is blighted with bad actors. So, not really that surprising to see 21Shares close a couple of funds this week. We are sure others will follow.
21Shares launches world’s first Solana ETP
The rapid growth rate of ETFs in Europe is now surpassing that of the U.S.; 21Shares launches the world’s first Solana ETP, and the FT reports that active managers have an advantage over passive funds when it comes to ESG — there are always differing opinions.
