##  [# 21Shares Adds 3 ETPs To Crypto Range](/sections/bitcoin-crypto/21shares-adds-3-etps-crypto-range) 

 

# 21Shares Adds 3 ETPs To Crypto Range

 

 

New additions make 20 crypto exchange-traded products for the issuer.



 

 

 

 

 [![etf](/sites/default/files/styles/author_image_icon/public/2023-03/etf_com_logo.png?itok=tX9VZitZ "etf")](/contributors/theo-andrew) 

[By Theo Andrew](/contributors/theo-andrew)

 Nov 22, 2021

 Edited by: Theo Andrew

 

 

     Share  <a class="a2a a2a_button_email"> Email </a><a class="a2a a2a_button_linkedin"> LinkedIn </a><a class="a2a a2a_button_facebook"> Facebook </a><a class="a2a a2a_button_x"> X (Twitter) </a> 

 

 

 

 

 

 

 

 

  
            googletag.cmd.push(function() {
                googletag.display('js-dfp-tag-article_page_302x26');
            });
    
    

 

 

  

 



 

 

  Loading 

 

 



 

 

***\[Editor’s note:*** *[This article originally appeared](https://www.etfstream.com/news/21shares-adds-three-etps-to-crypto-range/) on ETF Stream\]*

**London** *–* Cryptocurrency exchange-traded product (ETP) issuer [21Shares](https://www.etfstream.com/companies/21shares/) has launched Europe’s first polygon, avalanche and algorand ETPs.

The 21Shares Polygon ETP (POLY), the 21Shares Avalanche ETP (AVAX) and the 21Shares Algorand ETP (ALGO) are listed on the SIX Swiss Exchange with total expense ratios (TERs) of 2.5%.

Polygon is an [ethereum](https://www.etf.com/bitcoin-crypto/reports/ETH) scaling platform and has become popular due to its high speed, low transaction costs and network composability.

Avalanche, an ethereum rival, has a higher transaction output of 6,500 transactions per second without compromising scalability, while algorand offers a layer one blockchain solution that supports the creation of decentralised applications.

It takes the number of crypto ETP launches by the issuer to 20.

[Michael Lie](https://www.etfstream.com/people/michael-lie/), head of digital Assets Trading at Flow Traders, commented: “We are excited to be supporting the launch of the new ETP and deepening our successful partnership with 21Shares. “This listing is another clear indication of the increasing expectations of both investors and issuers striving for more innovative products.”

In September, 21Shares launched a six-strong ETP range consisting of the [21Shares Cardano ETP](https://www.etfstream.com/news/21shares-adds-three-etps-to-crypto-range/) (AADA), the [21Shares Polkadot ETP](https://www.etfstream.com/news/21shares-adds-three-etps-to-crypto-range/) (ADOT), the [21Shares Stellar ETP](https://www.etfstream.com/news/21shares-adds-three-etps-to-crypto-range/) (AXLM) and the [21Shares Tezos ETP](https://www.etfstream.com/news/21shares-adds-three-etps-to-crypto-range/) (AXTZ) all with total expense ratios (TERs) of 2.50%.

The launch also includes the [21Shares Crypto Basket Index ETP](https://www.etfstream.com/news/21shares-adds-three-etps-to-crypto-range/) which offers exposure to [bitcoin](https://www.etf.com/bitcoin-crypto/reports/BTC), polkadot, ethereum, cosmos and [cardano](https://www.etf.com/bitcoin-crypto/reports/ADA).

In June, the firm unveiled the [world’s first solana ETP](https://www.etfstream.com/news/21shares-unveils-world-s-first-solana-etp-files-bitcoin-etf-in-us-with-cathie-wood-s-ark/), the 21Shares Solana ETP (ASOL), on the SIX Swiss Exchange.



 

 

 [ Theo Andrew ](/contributors/theo-andrew) 

 

 

  Theo Andrew joined ETF Stream as a senior reporter in September 2021. He has over four years of investment writing experience spanning pensions and…   [View Bio](/contributors/theo-andrew)

 



 

 


 Related Topics  [Bitcoin](http://www.etf.com/topics/bitcoin) 

 [Crypto](http://www.etf.com/topics/cryptocurrency) 

 [Blockchain](http://www.etf.com/topics/blockchain)