Introducing the 21shares ether.fi ETP ($ETHFI) - now live on @Euronext Amsterdam & Euronext Paris. Looking like a neobank, @ether_fi's crypto-debit card business is seeing tremendous growth, driving ~10% of all stablecoin card spend and making up 50% of protocol revenue.* Transparent. Exchange-traded. Physically backed. *Source: Dune, Defillama, Paymentscan

Privacy has a new ETP. 🛡️ The 21shares Zcash ETP ($ZCASH) is now live on @Euronext Amsterdam & Euronext Paris — the first Zcash ETP available to European investors. Built on Bitcoin's foundational monetary architecture that fixes its supply cap at 21 million coins, Zcash introduces optionality through cryptographic shielded transactions, giving users control over transaction transparency. Meet $ZCASH: No wallets. No seed phrases. Just physically-backed, exchange-traded exposure to $ZEC.

$4B in tokenized assets. ~$1.6B RLUSD stablecoins. Both live on the same ledger ripple:native runs on: XRPL. Here's the part a lot of people miss: none of it trades in ripple:native. Our thesis is that more activity eventually lifts demand for it, not that it's denominated in it. Full breakdown 👇

Every digital asset needs two things: a reason to exist, and a reason to appreciate. Our ripple:native investment case rests on 4 pillars: regulatory clarity, institutional access, measurable utility, and fixed supply. One is fully resolved. The other three are still playing out. Read our full investment case👇

Memecoin trading on @Solana once drove the blockchain's revenue spike but its spot trading volume fell from 40% to 16% from H1 2025 to H1 2026. As that faded, something interesting happened: our H1 2026 analysis shows stablecoin swaps grew from 6% to 19% of spot volume, and general trading rose from 41% to 53%. Despite falling revenue, Solana now dominates equity token trading (~97% of onchain spot RWA volume) and out-earns Ethereum in absolute revenue — at roughly 22% of ETH's market cap.

📊 LATEST: Crypto ETPs just had their best month in almost a year 👀 After two consecutive months of outflows, $6.1B of global inflows returned to crypto ETPs in August — the strongest month since October 2025. bitcoin:native inflows did most of the heavy lifting ($3.66B) with $ETH inflows following closely ($1.76B). $SOL, ripple:native and basket inflows all came in green as well ($190M). One month isn't a trend but this is a reversal worth watching.

⚡️ New milestone unlocked: $CBTC has officially hit a record $550M in AUM on 24 August 2026. ✅ 10 bps management fees extended up until June 30, 2027 ✅ One of the most liquid Bitcoin ETPs in Europe Thank you to our clients for trusting us on this historic journey. Next stop: $1 Billion

Big news: Starting 1 September 2026, we're introducing staking to $XDCN and changing the product name to reflect the update. Same ticker, new name: 21shares XDC Network Staking ETP. @21shares 🤝 @xdcnetwork

🌐 We're excited to partner with @FTSERussell to standardize the underlying benchmark index framework for our ETP suites across Europe, the US and Australia. The FTSE Russell is a leading global index provider and sees over $20 trillion in assets benchmarked to its indices worldwide. As crypto moves into multi-asset institutional portfolios, this update is designed to deliver a unified pricing and governance framework to digital asset investors worldwide. We will transition select US-listed, single-asset ETFs to FTSE Russell digital asset indices at market open tomorrow 27 August 2026. The underlying asset exposures, fund legal structures, custodians, primary exchange listings, and fee schedules remain unchanged across all products.

ripple:native is seeing notable structural shifts. ⚔️ The ledger is settling real volume, stablecoin base is expanding, and regulated investment products providing exposure to XRP have expanded. None of which existed at this scale a year ago. Here are 4 key structural shifts identified by our research team: 1️⃣ ETP Inflows: US Spot XRP ETPs absorbed 14.8% of net new H1 supply (peaking at >50% in May) 2️⃣ Supply Dynamics: Annual XRP supply dilution stands at ~5.5%, (vs $XLM 8.8% and $TON at 9.6%) 3️⃣ Stablecoin Liquidity: $RLUSD supply expanded 1,131% by June 30, 2026 with over half on the XRPL. 4️⃣ Volume vs. Revenue: Settlement volume expanded as fee revenue contracted Could greater use of XRP as collateral materially change these supply and demand dynamics?👇

🪟Time in the market vs. timing the market Where is Bitcoin in its historical cycle? These 3 signals show how the current market compares with prior post-halving periods: ▪️Prior cycles bottomed 1 yr after the peak and 2.5 yrs post-halving. We are in that window now. ▪️This window provides a historically significant part of Bitcoin's cycle. ▪️Volatility is still possible from here.

📊 LATEST: Crypto ETP flows turned positive for the first time since April Key insights: ▪️ ethereum:native ETPs led the global inflows with $350M, followed by bitcoin:native, $XRP, $SOL and baskets. ▪️ bitcoin:native ETPs/ETFs dominated overall turnover globally ▪️ July marked a reversal for US Crypto ETFs, with net inflows over $517M

11 years ago, someone booted up the World Computer.🖥️ Happy Birthday, ethereum:native! 🎂

Is quantum computing a bigger threat to crypto than to traditional banking or the military? In our latest chat with @RealVision, Sr. Digital Asset Researcher @AbdelmawlaKarim breaks down the risks.

Bitcoin is down from ATHs but European net inflows appear to stay strong. Chief Investment Strategist @adrianwjfritz explains.

ICYMI: During last week's Crypto Market Pulse livestream, our research team reviewed 2026 predictions, current conditions and their outlooks for the rest of the year. Here's Chief Investment Strategist @adrianwjfritz's take on @solana. 💡

Bitcoin had its worst month in years. Is this a liquidity squeeze or a broken Bitcoin thesis? The instinct to question the long-term thesis is understandable but we believe that the cause of this drop matters more than the size of the move. Let us explain in this month's State of Crypto 👇 linkedin.com/pulse/bitcoin-h… Disclaimer: This document is advertisement and not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under 21Shares.com

Product Update: We've officially added staking to the 21shares Hedera Staking ETP ( $HDRA ). In addition to tracking the price performance of @hedera, $HDRA investors can now also capture some staking rewards from the protocol.

LATEST: June Monthly Flows Report Bitcoin and Ethereum ETPs see a global pull-back in June, continuing May's direction. Bitcoin ETPs led the contraction with ~-$4.3B in outflows, while XRP, Basket, and Solana attracted positive inflows. Get the full report: 21shares.com/en-ch/insights/…

Got questions about quantum and crypto? Now's your chance to get them answered. On July 9th, we’re bringing together an epic lineup of quantum experts to discuss the good, the bad, and the future of quantum’s impact on crypto. Our panel: 🎙️@LindellYehuda - Head of Cryptography and founding member of the @Coinbase Independent Advisory Board on Quantum Computing and Blockchain 🎙️@tcoratger- Research @ethereumfndn and the lead the organization’s dedicated Post-Quantum (PQ) team. 🎙️@nic_carter - General Partner @CastleIslandVC 🎙️Alex - Co-founder of @ProjectEleven a leading company building out post-quantum cryptography (PQC) infrastructure to secure digital assets and blockchains against future quantum threats 🎙️@elindinga - 21shares Global Head of Research 🎙️@AbdelmawlaKarim - 21shares Sr. Digital Asset Researcher Drop your questions below.👇 The best ones make it into the episode.

📹NOW LIVE: State of Crypto 2026: Mid-Year Update Join our research team as they review 2026 predictions, current conditions and their outlooks for the rest of the year. Live Q&A with the research team: Stephen Coltman – Head of Macro @adrianwjfritz – Chief Investment Strategist @elindinga – Global Head of Research 👉 Zoom Link: 21shares.zoom.us/s/932487576…

Watch on YouTube: youtu.be/o0sOcoacECE

What does it actually take to stake HYPE at institutional scale? Part 2 of our Hyperliquid series is live. @maximichielsen sits down with Krisan and @Figment_io's Josh Deems and Luke Streckenbach. Figment is the second-largest validator on Hyperliquid and the staking infrastructure behind THYP. If Part 1 was the human story, this one goes under-the-hood: - Why Hyperliquid built its own infrastructure - How HYPE staking differs from other networks - What ETP flows are telling us about institutional appetite - The TradFi precedent that's quietly translating to crypto

Stablecoins retracted 30%+ in the last bear market. This time they're hitting new all-time highs. To us, that is the strongest evidence yet that stablecoins are one of crypto’s defining use cases – demand that no longer depends on the cycle. Read more in our State of Crypto Mid-Year Update 👇

Can a crypto platform out-compete traditional markets and predict global real-world trends? @HyperliquidX is proving it’s possible, scaling rapidly using crypto rails to capture significant volume from legacy venues for WTI and Brent crude. It’s no longer just a crypto story, it’s financial innovation bridging Main Street and Wall Street. In Part 2 of our Off the Block episode, @maximichielsen & @elindinga continue their deep dive with @CryptoPicsou – founder of @coinacademy_fr and an early Hyperliquid contributor. We discuss in Part 2: • HIP3 & HIP4: Permissionless markets for any asset • Pre-IPO Markets: Trading SpaceX & Cerebras early • Prediction Markets: Can Hyperliquid dominate? • The AWS Strategy: Tough UX drives 3rd-party apps • Ecosystem Flywheels: EVM, regulations & rewards Watch: youtu.be/aW9MaDEgxc8

How exposed is crypto to quantum computing really? But the biggest targets aren't retail wallets. They're systems like bridges, shared treasuries, validator infrastructure.

Product Update: Toncoin Becomes Gram💎 Following yesterday’s network transition by @ton_blockchain, the native token has officially changed its name and ticker to Gram (GRAM). To ensure immediate market-relevant access, 21shares is executing a product alignment today: • Old: 21shares Toncoin Staking ETP (TONN) • New: 21shares Gram Staking ETP (GRAM) For the avoidance of doubt, the underlying asset is undergoing a rebranding with a name and ticker change, but there is no change to its core network specifications. The ETP remains fully collateralized by the Underlying. Read the official notice published via SIX Group: six-group.com/en/market-data…

Got questions about what's under the hood? Now's your chance to get them answered. In the next episode of Off the Block, our Investment Strategist @maximichielsen and Portfolio Manager, Krisan, will be joined by @Josh_Deems, Head of Revenue, and @luke_streck, Sr. Protocol Opportunities Analyst, at @Figment_io. We'll be covering: ▪️how the infrastructure actually works ▪️what makes $HYPE staking technically distinct from other proof-of-stake networks ▪️what an institutional-grade approach to gaining exposure actually requires ...and more. Drop your questions below. The best ones make it into the episode.

Can 11 employees out-compete Wall Street? @HyperliquidX made ~$1B in 2025 revenue, rerouting 95%+ of fees into token buybacks. When traditional markets closed during Middle East tensions, Hyperliquid was pricing the oil shock 48 hours ahead (even cited by Bloomberg). In our latest Off the Block episode, @maximichielsen & @elindinga sit down with @CryptoPicsou – founder of @coinacademy_fr and an early Hyperliquid contributor, before hyperliquid:native was on anyone's radar. We discuss in Part 1: • Post-FTX self-custody & the Hyperliquid edge • A $7.5B fair launch with no VCs or insiders • The overlooked "AWS of liquidity" thesis • Tokenomics driving a 100% aligned revenue flywheel • How community builders replace heavy back-office infrastructure Watch: youtu.be/yKDR4xhtJ0Y (Part 2 drops next week!)

LATEST: Global crypto ETPs saw a sharp pullback in May with ~-$2.6B in net outflows, reversing April's +$2.8B in gains. US #Bitcoin ETFs led the contraction with -$2.5B in outflows, while Spot #Ethereum faced over -$500M in pressure. Bucking the trend, #XRP and #Solana managed to attract positive inflows. Full report on our website: 21shares.com/en-ch/insights/…

Got questions about Hyperliquid? Now's your chance to get them answered. @CryptoPicsou is an early Hyperliquid contributor and interviewed @HyperliquidX founder @chameleon_jeff before anyone knew his name! He's joining us on Off the Block later this week. Find out what Hyperliquid is really building. No hype. Just answers. Drop your questions below.👇The best ones make it into the episode.

Hyperliquid just surpassed Solana in TVL. A massive shift in DeFi liquidity is taking place: • Hyperliquid (Exchange): $5.5B TVL • Solana: $5.3B TVL When you combine the Hyperliquid exchange with its L1 ($1.6B TVL), it officially becomes the 2nd largest chain by TVL in all of crypto. Source: @DefiLlama

Not all heroes wear capes... some just wanted 🍕 16 years ago today, Laszlo Hanyecz bought 2 pizzas for 10,000 BTC. History was changed forever, so Happy Bitcoin Pizza Day!

Privacy may be the missing piece for institutional crypto adoption. @maximichielsen and @PapaDari_ sit down with @wesarn_real and @YuvalRooz from @digitalasset & @CantonNetwork to explore why today’s blockchain infrastructure still falls short for real-world finance. Key idea: Finance can’t fully move onchain without privacy, control, and infrastructure built for institutional constraints. From tokenization and stablecoins to TVL and confidentiality, this conversation explores what institutional-grade DeFi actually requires. Watch: youtu.be/tAGSE9FEC-E

London calling! STRC is now available in the UK. The 21shares Strategy Yield ETN (STRC) is now crosslisted on the @LSEplc, one of the largest exchanges in Europe. What does this offer investors? An exchange-traded product providing exposure to Stretch, a perpetual preferred security with high yield income issued by @Strategy, the world’s largest corporate holder of bitcoin. UK-specific product details: • Name: 21shares Strategy Yield ETN • ISIN Number: CH1528107811 • Tickers: STRC LN (GBP), STRU LN (USD) • Exchange: London Stock Exchange (LSE) • Listing Currencies: GBP, USD • Listing date on the LSE: May 6th, 2026 • Issuer: 21Shares AG • Fee: 0.00% p.a.* With listings across Xetra, Euronext Paris, Euronext Amsterdam, London Stock Exchange and SIX Swiss Exchange, we remain focused on providing institutional grade access to digital assets. 🔗 Learn more: 21shares.com/en-uk/product/s… *complete overview of fees and deductions according to the Final Terms

LATEST: Global crypto ETPs saw a strong rebound in April with ~$2.8B in net inflows, marking the highest monthly total in months. #Bitcoin dominated with $2.4B in inflows, while #Ethereum added $453M. Smaller allocations flowed into #Solana and basket products, as #XRP saw slight outflows. Full report on our website.

When in doubt, zoom out.

Sweeten your portfolio with Sui. 💧 The 21shares Sui Staking ETP ( $21SI ) is officially live on @Xetra, Europe’s largest ETF exchange. Investors can now capture @SuiNetwork's growth + a staking reward in one physically-backed product. With Sui Live Miami around the corner and the launch of USDsui, Sui Summer is just getting started.

Much community. Very @Xetra. 🐕 The 21shares Dogecoin ETP ( $DOGE ) is now on Europe’s largest ETF exchange, giving investors 100% physically-backed access to the most famous meme in crypto history. Institutional adoption? ✅ Internet culture? ✅

Privacy is the missing layer in crypto. @maximichielsen and @PapaDari_ sit down with @randhindi (@zama) to explore how encryption and FHE could unlock trillions in on chain finance. From confidential DeFi to institutional adoption, this is what’s next. Watch now: youtu.be/9SaChgkm8dQ

Stake-lovers are in for a treat. 🥩 We've officially added staking rewards to the 21shares Hyperliquid Staking ETP ( $HYPE ). In addition to tracking the price performance of @HyperliquidX, investors now can also capture rewards from the protocol which commands > 50% of DEX perpetual open interest.

The moment you’ve been waiting for. 🥁 The 21shares Hedera ETP ( $HDRA ) has now expanded to Europe’s largest ETF exchange @Xetra. Governed by the world’s leading organizations like @Google, @IBM, @Dell and more, @hedera provides the trust layer of the digital economy. Their latest launch of the no-code Hedera Agent Lab positions the network at the intersection of blockchain and AI.

$STRC is taking over European markets. The 21shares Strategy Yield ETP ($21ST) is now crosslisted on @Xetra, Europe’s largest ETF exchange. Investors get exposure to bitcoin-backed digital credit with high yield income (“Stretch”), issued by @Strategy, the world’s largest corporate holder of bitcoin. Sustainable distribution, price stability, and bitcoin backing. All in one familiar ETP.

The @ton_blockchain just got 10x faster with Catchain 2.0. But for investors, the highlight is the yield. With network inflation now ~3%, staking APY has surged. We’re making it even easier to participate with the 21shares Toncoin Staking ETP ($2TON) which captures this variable yield automatically. Faster Blocks, Higher Yield. When the network yields more, you get more. Now live on @Xetra 💎

AI Agents are at the center of the next crypto narrative @maximichielsen and @PapaDari_ sit down with @everythingempty (@virtuals_io) to explore the rise of the agent economy. Key idea: AI agents only matter once they create real economic value. We’re not there yet – but getting closer fast. Watch: youtu.be/JwYbaUG9yno

LATEST: Global crypto ETPs saw ~$1.8B in net inflows in March, marking a sharp rebound in demand. #Bitcoin led with $1.56B, while #Ethereum (+$85M) and #Solana (+$83M) followed. #XRP added +$6M, as basket products recorded -$25M in outflows.

Spotted at Hack Seasons Conference by @mpost_io. "Crypto ETPs & ETFs abstracted all operational risk for institutional investors away such as private key management and exchange counterparty risks, institutional investors now have to deal with familiar risks such as liquidity, volatility and correlation for their portfolio." - @PapaDari_

The real halving is what happens to your friend group when you won't stop talking about decentralization.