21Shares announced four new ETPs

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21Shares is launching four new exchange-traded products that focus on some of the hottest sectors in blockchain technology.

These new offerings are all about oracles, tokenization, decentralized computing, and artificial intelligence.

Smokin’ hot deals

With the addition of these four new ETPs, 21Shares now offers a total of 48 ETPs in its lineup.

21Shares
X

The new products include PYTH, the ETP focuses on data oracles, providing a regulated way for investors to tap into a decentralized oracle network that delivers real-time market data to blockchains.

ONDO allows investors to acquire tokenized fixed-income assets transparently and securely, and the RNDR targeting decentralized computing, to giving exposure to a GPU rendering network that’s changing the game for digital content creation.

The fourth is the NEAR, which tracks the performance of NEAR Protocol and records staking yields, which are reinvested for cumulative returns.

These new additions highlight 21Shares’ commitment to meeting the changing interests of investors.

Standalone areas within the crypto market

The launch isn’t just about adding more products, but it’s about recognizing the growing importance of these sectors in the crypto ecosystem.

Each area, the data oracles, tokenization, decentralized computing, and AI plays an important role in driving bigger adoption of blockchain solutions.

For example, the NEAR Protocol Staking ETP allows investors to benefit from staking rewards while also monitoring NEAR’s performance.

ONDO gives a fresh way to invest in fixed-income assets through tokenization, which is becoming increasingly popular.

Growing interest

The general interest in cryptocurrencies is on the rise, os it’s not a big surprise the announcement already sparked quite positive reactions in the market, with prices for RNDR and ONDO seeing gains shortly after the launch.

It’s clear that investors are eager for more ways to engage with crypto assets.

As traditional finance continues to blend with digital assets, 21Shares is positioning itself as a leader in this space, by expanding its offerings to include these ETPs.

It’s pretty clear that they’re making it easier for everyday investors to access new technologies that could shape the future of finance.

In a world where crypto is becoming more mainstream, many experts think 21Shares’ latest products are paving the way for wider participation in the crypto economy with each new launch.

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Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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