21Shares Ethereum ETP is an exchange traded product that tracks the price of Ethereum. It is listed on the SIX Swiss Exchange and is backed by a physical reserve of Ethereum.
The 21Shares Ethereum ETP is designed to provide investors with exposure to the price movement of Ethereum, without the need to own or manage a digital wallet. The product is physically backed by a reserve of Ethereum tokens and is traded on the SIX Swiss Exchange, one of the world’s largest stock exchanges.
The 21Shares Ethereum ETP has a total expense ratio of 0.95%, which is relatively low for an exchange traded product.
NOTE: WARNING: 21Shares Ethereum ETP is a digital asset-backed security that is not a traditional investment product and is subject to risks associated with the underlying cryptocurrencies, such as price volatility and regulatory uncertainty. This security may not be suitable or appropriate for all investors, so it is important to research the risks associated with this type of investment. Additionally, 21Shares Ethereum ETP does not provide any protection against losses should the value of the underlying asset decline.
The product is denominated in Swiss francs and has a minimum investment amount of 100 francs.
The 21Shares Ethereum ETP is one of the few products that provides investors with exposure to the price of Ethereum. The product is physically backed by a reserve of Ethereum tokens and is traded on a major stock exchange.
The ETF has a low expense ratio and is denominated in Swiss francs, making it an attractive option for investors looking for exposure to this growing asset class.
10 Related Question Answers Found
21Shares Ethereum is an exchange-traded fund that tracks the price of Ethereum. The fund is denominated in U.S. dollars and invests in Ethereum.
Ethereum NFTs are non-fungible tokens that live on the Ethereum blockchain. NFTs are unique, digital assets that can represent anything from art to in-game items. While many NFTs are used for collectibles or gaming purposes, they also have a wide range of potential applications.
NFT Ethereum is a digital asset that represents a unique, non-fungible token on the Ethereum blockchain. NFTs can be used to represent ownership of digital assets, such as art, music, or other digital content. NFTs are unique and cannot be replicated or exchanged for other tokens.
Wei is a unit of measure for Ether, the native currency of the Ethereum network. Wei is the smallest unit of Ether, and is named after Wei Dai, the creator of b-money, an early predecessor to Bitcoin. One Ether is worth 1,000,000,000,000,000,000 Wei.
A Snark Ethereum is a type of digital currency that uses blockchain technology to secure its transactions. Blockchain is a distributed ledger system that allows for secure, transparent and tamper-proof record keeping. Snark Ethereum is built on the Ethereum blockchain and utilizes smart contracts to facilitate transactions.
ERC721 is a type of Ethereum token that represents a unique asset, such as a piece of digital art or a collectible. Unlike other Ethereum tokens, each ERC721 token is not interchangeable with another; each one is unique. This makes them well-suited for use cases such as digital collectibles, gaming items, and other non-fungible assets. .
Livepeer Ethereum is a project that aims to create a decentralized video streaming network. The project is based on the Ethereum blockchain and utilizes the Interplanetary File System (IPFS) for storage. The Livepeer protocol allows anyone to become a transcoder, meaning that users can earn rewards for processing and encoding video streams.
Nimbus is a client-side software that allows users to interact with the Ethereum network. It is an open source project that is available for anyone to use and contribute to. Nimbus is also the name of the company that provides support for the software.
MH S Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Invented by Vitalik Buterin in 2013, Ethereum is often described as a digital currency but it is much more than that. It is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Ethereum ETL is a service that allows you to easily load your Ethereum data into a data warehouse for analysis. With Ethereum ETL, you can get all of your transactions and smart contract interactions into a single place so you can track your progress and performance over time. Ethereum ETL is built on top of the popular open source data warehousing tool Apache Airflow.
