European crypto asset manager CoinShares has launched a new exchange-traded product providing exposure to Telegram-linked Toncoin, trading under the ticker CTON on Switzerland’s SIX stock exchange. The debut comes despite TON’s substantial 60% price decline year-to-date, demonstrating CoinShares’ continued expansion of crypto investment products in traditional markets following its merger with special purpose acquisition company Vine Hill Capital Investment Corp.
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First Bittensor ETP Launches on Swiss Exchange
Nordic crypto exchange Safello is launching the world’s first Bittensor ETP in partnership with Deutsche Digital Assets, marking a significant milestone in the convergence of blockchain and artificial intelligence. The Safello Bittensor Staked TAO ETP (STAO) will debut on Switzerland’s SIX Exchange on November 19 with a 1.49% management fee, representing Safello’s strategic entry into the rapidly expanding exchange-traded product market and joining a global wave of new crypto fund launches.
read more21Shares Launches Pendle ETP, Bridging DeFi and TradFi
Asset manager 21Shares has launched the APEN exchange-traded product based on Pendle, marking a watershed moment in institutional recognition of decentralized finance protocols. This development signals a fundamental shift as Pendle’s $70 billion yield settlement milestone creates a tangible bridge between the $140 trillion global fixed-income market and crypto-native infrastructure, with the protocol’s Boros product achieving $2.83 billion in trading volume in just three months, demonstrating robust market adoption and liquidity.
read moreBitwise Lists 5 Crypto ETPs on Swiss Exchange, Expands Reach
Bitwise, a major crypto asset manager with over 30 investment products, has listed five new crypto ETPs on Switzerland’s SIX Stock Exchange. The products include Bitcoin (BTC1), Ethereum Staking (ET32), Solana Staking (BSOL), physical XRP (GXRP), and the MSCI Global Digital Assets Select 20 Index (DA20). These offerings allow investors to gain crypto exposure without direct wallet ownership, with all assets fully backed by cold storage reserves. Switzerland’s progressive regulatory environment makes it an ideal market for this expansion, following Bitwise’s impressive 200% AUM growth to $15 billion in less than a year. The move signals growing institutional adoption and European market maturation for digital assets.
read moreHyperliquid Dominates DeFi Perpetuals with $400B Volume
Hyperliquid has established market dominance in decentralized perpetual trading with $400 billion in August volume and $106 million in revenue, capturing approximately 70% market share. The platform’s success stems from its HyperEVM blockchain, which provides centralized exchange-like speed and scalability with zero gas fees while maintaining DeFi’s transparency and self-custody advantages. While the native HYPE token faces volatility around $44, analysts identify key resistance at $48.73 with potential breakout targets reaching $55-$73. Institutional confidence grows with a 21Shares ETP listing on SIX Swiss Exchange, though the platform addresses challenges including brief outages and market manipulation concerns through enhanced safeguards. With rising open interest and bullish derivatives data, Hyperliquid stands at a pivotal moment potentially positioning itself as crypto’s next killer application.
read moreSUI Dips to $3.81, Analysts Predict $7 Surge Ahead
SUI’s price fell 6% to $3.81 following $1.56 billion in turnover and leveraged position liquidations, particularly on Binance. Despite the drop, technical analyst Ali Martinez notes a breakout above the $3.57 Fibonacci support level, signaling potential upward momentum toward $7. The symmetrical triangle breakout and DeFi TVL nearing record highs at $2.15 billion further bolster bullish sentiment. Additionally, 21Shares expanded its European offerings with new staking and price-exposure ETPs for SUI and XDC, enhancing market accessibility.
read moreValour Launches Staking-Linked HBAR & ICP ETPs on SIX
Valour has expanded its digital asset offerings by listing two staking-linked ETPs—1Valour Hedera (HBAR) and 1Valour Internet Computer (ICP)—on the SIX Swiss Exchange. These products allow investors to gain exposure to staking rewards without managing wallets or custody, simplifying access to crypto yields. HBAR, in particular, has seen a 4.68% price surge and a technical breakout above $0.216, with analysts eyeing $0.43 as the next target. Valour now boasts over 75 ETPs across Europe, with plans to reach 100 by 2025. The launch underscores Switzerland’s growing role as a hub for regulated crypto products.
read moreGSR Invests in Maverix for Digital Asset Products
GSR, a prominent crypto trading and liquidity provider, has invested in Maverix Securities, a Swiss structured products innovator, to jointly develop regulated digital asset solutions for institutional investors. The partnership will focus on yield-enhancing structured products, crypto index strategies, and exchange-traded products (ETPs), leveraging GSR’s market-making expertise and Maverix’s regulatory track record on the SIX Swiss Exchange. Alain Kunz of GSR will join Maverix’s board to accelerate product launches, with the first offerings expected in late 2025. The collaboration reflects institutional appetite for crypto exposure combined with traditional financial engineering and compliance safeguards. Both firms emphasize selective, high-quality partnerships to drive long-term innovation in digital assets.
read moreNasdaq Seeks SEC Approval for Dogecoin ETF Listing
Nasdaq has submitted a request to the SEC for a rule change to list shares of a 21Shares Dogecoin ETF, following similar applications from Grayscale and Bitwise. The proposed ETF would track Dogecoin’s price, akin to existing Bitcoin and Ethereum ETFs. The SEC has initiated deliberations on Grayscale’s filing, with a 240-day review window, while Rex Shares’ alternative Dogecoin ETF application under the 40 Act faces a shorter 75-day process. Analysts suggest Dogecoin ETFs could gain approval in 2024, bolstered by support from the Dogecoin Foundation’s House of DOGE. Dogecoin, currently the 8th-largest crypto with a $76.3B market cap, has seen a 6.3% price surge to $0.18 this week.
read moreMicroStrategy’s Bitcoin Strategy & Crypto Market Updates
MicroStrategy, under its new name Strategy, remains the largest corporate holder of Bitcoin with 528,185 BTC, valued at $43 billion. The company’s debt-financed purchases are less risky than perceived, requiring a drastic Bitcoin price drop to $20,143 for liquidation. Meanwhile, AMINA Bank, a Swiss crypto bank, is rumored to be sold at a bargain price, though FINMA is blocking the deal. Dogecoin, now a globally recognized memecoin, is being packaged into a traditional financial product by 21Shares for the SIX Swiss Exchange. Additionally, the SEC has approved options on spot Ethereum ETFs, offering new tools for investors. Global markets, including crypto, faced volatility due to Trump’s tariff announcements, with Bitcoin briefly dropping below $80,000.
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