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Two new crypto ETNs from CoinShares on Xetra: access to ten largest crypto assets and smart contracts

Since Monday, two new crypto ETNs issued by CoinShares have been tradable on Xetra and via the trading venue Börse Frankfurt.

The CoinShares Physical Top10 Crypto Market ETP tracks the performance of a basket of the ten largest crypto assets by market capitalisation, with a maximum weighting of 35 per cent per position. The composition of the crypto basket is intended to reflect the biggest trends in the digital asset market. Currently, the ETN includes the crypto stocks: Bitcoin, Cardano, Ethereum, Litecoin, Polygon, Polkadot, Ripple, Solana, Tron and Uniswap. Bitcoin and Ethereum are each represented with a share of 35 per cent.

The CoinShares Physical Smart Contract Platform ETP provides access to the performance of a crypto basket consisting of ten largest smart contracts assets by market capitalisation. Here, too, the weighting of an individual position is set at 35 per cent. In addition to Ethereum with a share of 35 per cent, the basket includes Algorand, Avalanche, Cardano, Chainlink, Polkadot, Polygon, Solana, Stellar and Tron.

Both crypto ETNs are physically backed by the respective crypto assets and are centrally cleared in trading by Deutsche Börse Group's central counterparty, Eurex Clearing AG. 

Name

Asset class

ISIN

Management fee

Reference index

CoinShares Physical Top10 Crypto Market ETP

Crypto-ETN

JE00BPRDNL86

0 per cent

CoinShares-Compass Top 10 Crypto Market Index

CoinShares Physical Smart Contract Platform ETP

Crypto-ETN

JE00BPRDNM93

0 per cent

CoinShares-Compass Smart Contract Platform Index

 

The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,045 ETFs, 182 ETCs and 240 ETNs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.

Contact for media:

Martin Möhring

+49-(0) 69-2 11-1 62 77

media-relations@deutsche-boerse.com