ETP

21Shares in another regional first with Shariah compliant digital asset ETPs

Retrieved on: 
Thursday, October 19, 2023

A year since listing the region’s first digital asset exchange traded product (ETP) on the Nasdaq Dubai, 21Shares secures Shariah approval for its market leading ETPs.

Key Points: 
  • A year since listing the region’s first digital asset exchange traded product (ETP) on the Nasdaq Dubai, 21Shares secures Shariah approval for its market leading ETPs.
  • ZURICH/RIYADH, October 19 2023: 21Shares, the world’s largest issuer of digital asset ETPs, continues its international expansion with Shariah approval of its 21Shares Bitcoin ETP (ABTC) and 21Shares BOLD ETP ( BOLD ) from leading Saudi scholars.
  • As regional financial centres compete to provide the latest financial services products, 21Shares’ announcement is an important step in the company’s Saudi market entry.
  • We look forward to partnering with local financial institutions, fostering trust, and contributing to the Kingdom's thriving fintech ecosystem."

Highlights - Public hearing: Decarbonising EU fisheries and aquaculture - Committee on Fisheries

Retrieved on: 
Thursday, October 26, 2023

Public hearing: Decarbonising EU fisheries and aquaculture

Key Points: 
  • Public hearing: Decarbonising EU fisheries and aquaculture
    25-10-2023 - 16:21
    On Tuesday, 24 October 2023, the Committee on Fisheries held a public hearing entitled "Decarbonisation of fisheries and aquaculture".
  • The objective of this hearing is to listen to various stakeholders on the way to overcome existing regulatory and technical obstacles to provide attractive operational solutions to the fisheries sector, while supporting the transition towards decarbonisation.
  • The Commission recently published a 'fisheries and oceans' package, which includes an action plan on decarbonising EU fisheries and aquaculture, presented to PECH Committee on 1 March and 26 April.
  • On 16 June the Commission launched an energy transition partnership for EU fisheries and aquaculture (ETP) involving stakeholders (industry, shipbuilders, ports, energy providers, research centres, governmental authorities, national institutions, non-governmental organisations and the general public).

HKEX QUARTERLY RESULTS FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023 - Q3 REVENUES UP 18%; Q3 PROFITS UP 30%

Retrieved on: 
Friday, October 20, 2023

Commenting on the results, Hong Kong Exchanges and Clearing Limited (HKEX) Chief Executive Officer Nicolas Aguzin said: "This was another good quarter of strategic progress for the Group, accompanied by strong headline financials.

Key Points: 
  • Commenting on the results, Hong Kong Exchanges and Clearing Limited (HKEX) Chief Executive Officer Nicolas Aguzin said: "This was another good quarter of strategic progress for the Group, accompanied by strong headline financials.
  • Quarterly revenue was up 18 per cent, core business revenue was up 9 per cent and profit attributable to shareholders was up 30 per cent compared with the 2022 comparable period.
  • Despite challenging global markets, these results reflect HKEX's resiliency, the purposeful ongoing diversification of the business, our active management of costs and the team's resolute focus on the execution of our strategy.
  • The macro backdrop remains fragile, but the business is in good shape and is well-positioned to capitalise on slowly improving market sentiment.

HKEX QUARTERLY RESULTS FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023 - Q3 REVENUES UP 18%; Q3 PROFITS UP 30%

Retrieved on: 
Friday, October 20, 2023

Commenting on the results, Hong Kong Exchanges and Clearing Limited (HKEX) Chief Executive Officer Nicolas Aguzin said: "This was another good quarter of strategic progress for the Group, accompanied by strong headline financials.

Key Points: 
  • Commenting on the results, Hong Kong Exchanges and Clearing Limited (HKEX) Chief Executive Officer Nicolas Aguzin said: "This was another good quarter of strategic progress for the Group, accompanied by strong headline financials.
  • Quarterly revenue was up 18 per cent, core business revenue was up 9 per cent and profit attributable to shareholders was up 30 per cent compared with the 2022 comparable period.
  • Despite challenging global markets, these results reflect HKEX's resiliency, the purposeful ongoing diversification of the business, our active management of costs and the team's resolute focus on the execution of our strategy.
  • The macro backdrop remains fragile, but the business is in good shape and is well-positioned to capitalise on slowly improving market sentiment.

Sygnum’s Crypto-TradFi bridge generates multi-bn client demand for traditional securities

Retrieved on: 
Tuesday, October 17, 2023

Market traction due to clients’ ability to combine crypto and traditional assets conveniently, simply

Key Points: 
  • Market traction due to clients’ ability to combine crypto and traditional assets conveniently, simply
    Diversification opportunities into 10,000+ traditional securities including fixed income products,
    Sygnum today announces significant growth in its traditional securities offering that complements its core regulated digital asset offering.
  • Traditional securities, first made available to selected clients in March 2023, has already generated CHF multi-billion client demand and a strong future growth pipeline.
  • Client demand to complement their core cryptocurrency investments with traditional securities is primarily from crypto foundations and other large holders.
  • In parallel, Sygnum is building new “high-speed lanes” on its Crypto-TradFi bridge via the tokenising of traditional securities.

ETC Group launches its first Crypto-ETP on an MSCI index the BX Swiss Exchange

Retrieved on: 
Tuesday, October 17, 2023

ETC Group has listed the ETC Group MSCI Digital Assets Select 20 ETP primarily on BX Swiss.

Key Points: 
  • ETC Group has listed the ETC Group MSCI Digital Assets Select 20 ETP primarily on BX Swiss.
  • The new Crpto-ETP will now be traded alongside a number of other crypto ETPs on BX Swiss.
  • The ETC Group MSCI Digital Assets Select 20 ETP (ISIN DE000A3G3ZL3, Ticker: DA20) is the world's first crypto ETP based on an MSCI index.
  • "With the listing on BX Swiss investors from Switzerland can now invest even more economically and easily in the only diversified crypto ETP on an index from MSCI: the ETC Group MSCI Digital Assets Select 20 ETP.

21.co Doubles Down on U.S. Growth and Distribution, Appoints Kevin Marsh as Head of United States

Retrieved on: 
Thursday, October 12, 2023

NEW YORK, Oct. 12, 2023 /PRNewswire/ -- 21.co, the world's largest issuer of crypto ETPs, today announced the appointment of Kevin Marsh as the company's Head of United States. As interest for crypto exchange traded funds (ETFs) grows in the United States, Marsh's traditional finance background will help 21.co continue its global expansion, strengthen its commitment to the region and build further bridges for U.S. institutional investors into the world of crypto.

Key Points: 
  • In this role, Marsh will develop and execute 21.co's distribution strategy in the United States, working closely with key stakeholders and clients to provide exchange-traded investment solutions through its subsidiary 21Shares.
  • "We are thrilled to welcome Kevin Marsh, our new Head of U.S., as the driving force behind our expansion in the United States.
  • With a proven track record in the industry, Kevin brings a wealth of experience and expertise," said Isabell Moessler, Global Head of Distribution at 21.co.
  • Together, we're poised to lead the way in shaping the future of crypto in the United States."

Worldwide Digital Asset-Based ETP AUM Remains 53% Ahead YTD Despite Quarterly Drop

Retrieved on: 
Friday, October 6, 2023

On a quarterly basis, the total AUM dropped 13% in Q3, after growing 67% and 5% in Q1 and Q2 respectively.

Key Points: 
  • On a quarterly basis, the total AUM dropped 13% in Q3, after growing 67% and 5% in Q1 and Q2 respectively.
  • Year-to-date, total AUM shows a premium growth of 18% compared to the underlying value of digital assets, which grew slower at 45%.
  • During the same month, the market value of digital assets rose 7%, to about $1.15 trillion from $1.08 trillion.
  • Despite this drop, basket ETPs registered a 32% increase in AUM on a YTD basis.

Worldwide Digital Asset-Based ETP AUM Remains 53% Ahead YTD Despite Quarterly Drop

Retrieved on: 
Friday, October 6, 2023

On a quarterly basis, the total AUM dropped 13% in Q3, after growing 67% and 5% in Q1 and Q2 respectively.

Key Points: 
  • On a quarterly basis, the total AUM dropped 13% in Q3, after growing 67% and 5% in Q1 and Q2 respectively.
  • Year-to-date, total AUM shows a premium growth of 18% compared to the underlying value of digital assets, which grew slower at 45%.
  • During the same month, the market value of digital assets rose 7%, to about $1.15 trillion from $1.08 trillion.
  • Despite this drop, basket ETPs registered a 32% increase in AUM on a YTD basis.

21.co Appoints Senior ETF Leader as Head of Financial Product Development

Retrieved on: 
Tuesday, October 3, 2023

LONDON, Oct. 3, 2023 /PRNewswire/ -- 21.co, the world's largest issuer of crypto ETPs, today announced the appointment of Mandy Chiu, CFA, the company's Head of Financial Product Development. As interest increases in the digital asset investment space, Chiu's addition to 21.co comes at a time of significant growth and key talent acquisition for the company. 

Key Points: 
  • LONDON, Oct. 3, 2023 /PRNewswire/ -- 21.co, the world's largest issuer of crypto ETPs, today announced the appointment of Mandy Chiu, CFA , the company's Head of Financial Product Development.
  • In this role, Chiu will oversee the company's global product expansion of 21Shares.
  • Chiu brings over two decades of traditional finance experience to 21.co, previously serving as Tabula Investment Management's Chief Product Officer.
  • Before Tabula, Chiu was the Managing Director and Head of EMEA and APAC ETF Products at State Street Global Advisors (SSGA).