21Shares announced the listing of six new physically backed crypto ETPs on Nasdaq Stockholm, expanding its presence on the exchange to a total of 16 products. The company framed the launch as a response to the growing appetite among Nordic investors for regulated and straightforward exposure to digital assets such as Aave, Cardano, Chainlink and Polkadot. The move reflects a market where both institutional and retail participants are increasingly seeking diversified access without the friction of direct custody.
21Shares says the new crypto ETPs aim to offer “broader and more intuitive access” for Nordic investors
The newly listed ETPs extend coverage well beyond the classic Bitcoin and Ethereum exposures. The lineup includes single-asset products for Aave (AAVE), Cardano (ADA), Chainlink (LINK) and Polkadot (ADOT). Alongside these, 21Shares introduced two index-based vehicles —HODL and HODLX— which are designed to give investors broad, diversified exposure within a regulated and transparent framework. The message from the firm is clear: they want to make diversified crypto exposure feel as accessible as buying a stock.
An ETP is a listed product that tracks the price of an underlying asset and trades on an exchange, and in this case each one is physically backed and fully collateralized, ensuring a 1:1 guarantee of the underlying tokens. 21Shares emphasizes that this structure simplifies the experience for investors who prefer to avoid the complexities of wallets, private keys or direct token storage.
The Stockholm expansion is part of a broader global strategy that has positioned 21Shares across major European exchanges, including SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, Xetra and the London Stock Exchange. Globally, the firm now reports around $8 billion in assets under management, a figure that signals both scale and continued institutional interest. By widening its European footprint, the company aims to meet investors where regulation is strong and demand is rising.
Alistair Byas Perry, Head of EU Investments and Capital Markets at 21Shares, noted that the expansion “provides a broader toolkit for both institutional and retail investors,” emphasizing that the goal is to create customizable exposures in a compliant environment. The firm explicitly ties the launch to the growing sophistication of Nordic investors, who increasingly prefer regulated, diversified and efficient routes into the digital-asset space.
Beyond Europe, 21Shares is also pursuing U.S. filings for spot ETFs tied to Dogecoin and SUI —proposals that the company positions as part of its mission to expand global accessibility to digital assets. This push unfolds under MiCA in Europe, a regulatory framework the firm praises for its clarity and for allowing digital instruments to operate under rules familiar to traditional finance. In contrast, slower regulatory processes in other jurisdictions underline why Europe currently represents the more accessible path forward for expansion.
The listing of the six new ETPs on Nasdaq Stockholm reinforces the company’s long-term strategy of offering physically backed products and building distribution across regulated markets. For investors, the next meaningful milestone will be the outcome of 21Shares’ U.S. filings for the Dogecoin and SUI ETFs, which will show how far the firm can extend its model beyond Europe.