{"id":64646,"date":"2022-07-20T13:24:05","date_gmt":"2022-07-20T10:24:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64646"},"modified":"2025-09-06T15:34:52","modified_gmt":"2025-09-06T12:34:52","slug":"21shares-launches-bitcoin-and-ethereum-etps-with-risk-threshold-caps","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/21shares-launches-bitcoin-and-ethereum-etps-with-risk-threshold-caps\/","title":{"rendered":"21Shares launches Bitcoin and Ethereum ETPs with risk-threshold caps"},"content":{"rendered":"<p>The cryptocurrency <a href=\"https:\/\/forklog.news\/chto-takoe-bitkoin-etf\/\">ETP<\/a> provider 21Shares announced the listing on the Swiss stock exchange of Bitcoin- and Ethereum-based products. Their defining feature is a built-in target volatility cap of 40%.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today we\u2019re launching two new products in our <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#Crypto<\/a> Winter Suite, listed on <a href=\"https:\/\/twitter.com\/sixgroup?ref_src=twsrc%5Etfw\">@sixgroup<\/a>:<\/p>\n<p>\u2014 <a href=\"https:\/\/twitter.com\/21Shares?ref_src=twsrc%5Etfw\">@21Shares<\/a> S&#038;P Risk Controlled Bitcoin Index ETP <a href=\"https:\/\/twitter.com\/search?q=%24SPBTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SPBTC<\/a><br \/>\u2014 <a href=\"https:\/\/twitter.com\/21Shares?ref_src=twsrc%5Etfw\">@21Shares<\/a> S&#038;P Risk Controlled Ethereum Index ETP <a href=\"https:\/\/twitter.com\/search?q=%24SPETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SPETH<\/a><\/p>\n<p>Learn more: <a href=\"https:\/\/t.co\/bCLxhpEYo1\">https:\/\/t.co\/bCLxhpEYo1<\/a> <br \/> <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ETH?src=hash&#038;ref_src=twsrc%5Etfw\">#ETH<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&#038;ref_src=twsrc%5Etfw\">#Ethereum<\/a> <a href=\"https:\/\/t.co\/T9AQPfu6vf\">pic.twitter.com\/T9AQPfu6vf<\/a><\/p>\n<p>\u2014 21Shares (@21Shares) <a href=\"https:\/\/twitter.com\/21Shares\/status\/1549663076705882112?ref_src=twsrc%5Etfw\">July 20, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The parameter is achieved through daily dynamic rebalancing. In periods of rising volatility, the cash allocation in US dollars increases, shrinking as markets calm and crypto trading steadies.<\/p>\n<p>The 21Shares S&#038;P Risk Controlled Bitcoin Index ETP and 21Shares S&#038;P Risk Controlled Ethereum Index ETP, under tickers SPBTC and SPETH, effectively replicate the corresponding indices from Standard &#038; Poor\u2019s.<\/p>\n<p>In an interview with <a href=\"https:\/\/cointelegraph.com\/news\/21shares-launches-s-p-risk-controlled-bitcoin-and-ether-etps\"> Cointelegraph<\/a>, 21Shares&#8217; ETP director Arthur Krauze noted that the historical volatility of high-cap stocks on Wall Street is around 20%, while for Bitcoin and Ethereum it is 70% and 80%, respectively.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;A partial shift into cash with zero volatility and back into the ETP has helped to limit their risk,&#8221;<\/em> he explained.<\/p>\n<\/blockquote>\n<p><span data-descr=\"Total expense ratio\" class=\"old_tooltip\">Total expense ratio<\/span> of the instruments will be 2.5%.<\/p>\n<p>SPBTC and SPETH will be an evolution of the crypto-winter ETP lineup that 21Shares announced at the end of June.<\/p>\n<p>In May, 21Shares and asset manager ARK Invest filed a new joint application with the SEC to launch a Bitcoin ETF.<\/p>\n<p>The regulator has not yet approved any application to launch a spot Bitcoin ETF.<\/p>\n<p>Earlier, Grayscale analysts allowed for the end of the crypto-winter by the end of March 2023.<\/p>\n<p>Later, Glassnode analysts calculated that Bitcoin was in a mid-term bottoming zone for 35 days. In the past, this period averaged 197 days.<\/p>\n<p>Read ForkLog\u2019s Bitcoin news in our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency ETP provider 21Shares announced the listing on the Swiss stock exchange of Bitcoin- and Ethereum-based products. Their defining feature is a built-in target volatility cap of 40%.<\/p>\n","protected":false},"author":1,"featured_media":64647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1372,1211],"class_list":["post-64646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-21shares","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=64646"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64646\/revisions"}],"predecessor-version":[{"id":64648,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64646\/revisions\/64648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/64647"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=64646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=64646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=64646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}