21Shares Unveils S&P Risk Controlled Bitcoin and Ethereum Index ETP

As part of the Crypto Winter Suite, the ETP seeks to limit cryptocurrency volatility by tracking the S&P Bitcoin Dynamic Rebalancing Risk Control 40% Index and the S&P Ethereum Dynamic Rebalancing Risk Control 40% Index.

ZURICH, Switzerland – July 20, 2022 – 21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency exchange traded products (ETPs), today announced the listing of two new ETPs on the SIX Swiss exchange, to provide investors with the most Large investment can be offered. Cryptocurrencies – Bitcoin and Ethereum – targeting low volatility. These two ETPs are the latest in 21Shares’ crypto winter suite – a set of products designed to help investors weather the bear market.

The 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC) and 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) provide exposure to their cryptocurrency name, targeting a volatility level of 40%. With cryptocurrencies including bitcoin and ethereum subject to high levels of volatility, 21Shares’ latest index ETP is designed to soften that volatility by dynamically rebalancing – pushing the USD higher by increasing the volatility of bitcoin or ethereum or vice versa. allotment of assets. The products achieve this by trying to replicate the benchmark of the S&P Dow Jones Index which controls risk by adjusting the risk of the underlying index and dynamically allocating the US dollar.

“Data from our research team shows that adding bitcoin or ethereum exposure to a traditional investment portfolio can significantly increase overall risk-adjusted performance,” said Arthur Cross, ETP Product Director at 21Shares. “These latest ETPs based on the S&P Dow Jones Index allow investors to realize the benefits of these innovative crypto exposures while controlling volatility. These ETPs are the next step in our crypto winter suite, providing investors with a risk-free approach to risk-taking. provide entry into the asset class in a controlled manner.”

“Over the past two years, the S&P Dow Jones Index has been developing cryptocurrency indexing capabilities to help foster greater transparency and facilitate access to this emerging technology-driven asset class,” said Innovation in S&P Dow Jones Index Sharon Leibovitz, senior director of “The S&P Bitcoin Dynamic Rebalancing Risk Control 40% Index and the S&P Ethereum Dynamic Rebalancing Risk Control 40% Index are the latest examples of innovative indices that aim to help measure and address volatility associated with the underlying cryptocurrency.”

Both the 21Shares S&P Risk Controlled Bitcoin Index ETP and the 21Shares S&P Risk Controlled Ethereum Index ETP are listed today on the Six Swiss Exchange, and are available to investors in USD.

Today’s announcement follows the launch of 21Shares’ Bitcoin Core ETP, the first product in 21Shares’ crypto winter suite, designed to offer low-cost exposure to bitcoin as the world’s lowest-cost physical-backed bitcoin ETP. is designed for. 21Shares also launched the world’s first USD yield ETP in May, prior to the release of two new crypto ETFs in Australia and the world’s first Bitcoin and Gold ETP on the Sixt Swiss exchange. Additionally, 21Shares recently published the sixth issue of its State of Crypto report, which explores current trends in the crypto industry and what investors are doing to successfully optimize their crypto portfolio.

Please visit www.21shares.com to learn more about any of these announcements.

Name ETN	is in	anchor	listing currency	exchange	listing date
21Shares S&P Risk Controlled Bitcoin Index ETP	CH1194038563	spbtc	USD	Six Swiss Exchange	07/20/2022
21Shares S&P Risk Controlled Ethereum Index ETP	CH1194038571	spathe	USD	Six Swiss Exchange	07/20/202

Press Contact:
Ariel Sobel, Head of Global Communications,

Megan Enright, Communications Manager,

About 21 stocks:

21Shares takes innovation to the next level with the largest suite of cryptocurrency exchange-traded products (ETPs) in the world. In 2018 it pioneered the world’s first cryptocurrency index listing on the SIX Swiss exchange, and it continues to power its cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide an easy, secure and regulated way to buy, sell and short cryptocurrencies to all investors through existing bank and brokerage accounts. 21Shares is a Swiss company registered in Zug, Switzerland, with offices in Zurich and New York City. For more information please visit www.21shares.com.

Disclaimer:

This document is not a solicitation of an offer to sell or buy or subscribe to the securities of 21Shares AG. Neither this document nor anything contained herein shall form the basis for, or be relied upon, any offer or commitment in any jurisdiction. This document constitutes an advertisement within the meaning of the Swiss Financial Services Act and not a prospectus. This document and the information contained therein are not intended for distribution (directly or indirectly) to or in the United States, Canada, Australia or Japan or any other jurisdiction in which distribution or release would be unlawful. This document does not solicit an offer or offer to buy securities for sale in or in the United States, Canada, Australia, or Japan. 21Shares AG’s securities to which these materials relate are not and will not be registered under the United States Securities Act, 1933, amended (“Securities Act”), and shall not be offered or sold absent registration in the United States May go. or subject to the registration requirements of the Securities Act, or the exemption applicable to the transaction. There will be no public offering of securities in the United States. This document is being distributed and directed only to: (i) investment professionals covered by section 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“Orders”) For; or (ii) entities of high net worth, and other persons to whom it may be legally communicated, who are covered under paragraphs 49(2)(a) to (d) of the Order (all such persons shall be referred to as the “relevant person”. ); or (iii) persons covered under section 43(2) of the Order including existing members and creditors of the company or (iv) any other person to whom this document may be legally delivered in circumstances where section 21( 1) FSMA does not apply. The securities are available to them only, and any invitation, offer or agreement to subscribe, buy or otherwise receive such securities shall be made only with the persons concerned. No person who is a relevant person should act on or rely on this document or any of its contents. In any EEA member state (other than France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Lichtenstein) which has implemented the Prospectus Regulation (EU) 2017/1129, together with the measures in force in any Member State, the “Prospectus Regulation”), this communication is addressed only to qualified investors in that Member State and It means prospectus regulation. 2021 Base for potential investors especially in France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Liechtenstein The prospectus (EU) is made available on the issuer’s website under www.21Shares.com. The approval of the 2021 Base Prospectus (EU) should not be construed as an endorsement of securities offered or accepted by the SFSA for trading in a regulated market. Eligible potential investors should read the 2021 Base Prospectus (EU) and the relevant final conditions before making an investment decision to understand the potential risks associated with the decision to invest in securities. The S&P Bitcoin Dynamic Rebalancing Risk Control 40% Index and the S&P Ethereum Dynamic Rebalancing Risk Control 40% Index are products of S&P Dow Jones Index LLC (“S&P DJI”). S&P®, S&P 500® and US500 are trademarks of Standard & Poor’s Financial Services, LLC, and are licensed for use by S&P DJI and 21Shares AG. The 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC) and the 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) are not sponsored, endorsed, sold or promoted by S&P DJI, or its affiliates, and neither S&P DJI nor its affiliates represent or recommend. They are not liable for any errors, omissions or interruptions of the S&P Bitcoin Dynamic Rebalancing Risk Control 40% Index or the S&P Ethereum Dynamic Rebalancing Risk Control 40% Index, with respect to the suitability of investing in such ETPs.

Source