what's 21Shares?

21Shares is a leading digital asset investment firm founded in 2018, specializing in exchange-traded products (ETPs) and spot ETFs that deliver regulated, physically backed exposure to cryptocurrencies. As one of the pioneers in crypto ETPs—launching the first physically settled Bitcoin product in Europe—the company now operates globally, with a strong US presence via 21Shares US LLC. Their products cover major assets like Bitcoin (ARKB), Ethereum (TETH, formerly CETH), Solana (TSOL), and diversified indices, emphasizing secure custody, transparency through integrations like Chainlink Proof of Reserve, and tracking of benchmarks such as the CME CF Ether-Dollar Reference Rate. The Ethereum ETF (TETH/CETH) holds spot Ether in custody and seeks to reflect Ether's performance without direct ownership complexities. 21Shares prioritizes institutional standards, multi-custody options, and real-time reserve verification to bridge traditional finance with crypto innovation.