21Shares: Actively managed crypto ETPs will be the next stage of investment, with the global scale of active ETFs approaching $1.8 trillion

ChainCatcher reports that 21Shares President Duncan Moir stated that as the crypto market matures from simple price-tracking funds, actively managed exchange-traded products will become the next phase of crypto investment. Data compiled by Morningstar and Goldman Sachs Asset Management shows that by the end of 2025, the global volume of actively managed ETF assets will be close to 1.8 trillion USD.

Duncan Moir pointed out that crypto, as an emerging and growing asset class, is particularly suitable for active management; 21Shares manages risk and allocation by combining bottom-up research on single assets with quantitative and independent top-down strategies, and has expanded its portfolio management and trading teams.

Duncan Moir added that after FalconX acquired 21Shares in October, the integration between the two parties is expected to accelerate product development, especially in the direction of more sophisticated products. Duncan Moir said that demand for crypto ETPs and ETFs differs by region; in Europe, where the investor base is more mature, institutions holding Bitcoin and Ethereum are seeking to further increase crypto allocations.

Against this backdrop, 21Shares recently launched an exchange-traded product in Europe linked to Strategy preferred shares (STRC), providing exposure to high-yield instruments related to the company’s Bitcoin capital strategies, and noted that the product has seen strong early demand in multiple regions.

The report mentioned that as the crypto ETP and ETF market develops, issuers are launching more complex structures, and staking has become one of the growth directions; Grayscale introduced staking in its ETPs in October, and BlackRock launched a Nasdaq-listed Ethereum product with staking mechanism in March, recording a first-day trading volume of 15.5 million USD.

Duncan Moir stated that 21Shares will evaluate new products based on internal research, client demand, and market trends, and cited its Bitcoin and gold ETP as examples, noting that this product has been running for four years and was recently cross-listed in London.