21Shares Closes 6 Crypto Exchange-Traded Products
The products on the chopping block include the 21Shares Crypto Layer 1 ETP (LAY1), the 21Shares DeFi 10 Infrastructure ETP (DEFII), 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC), the 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) and the 21Shares USD Yield ETP (USDY), which will all close after the April 6 trading day. The sixth product – 21Shares Terra Classic ETP (LUNA) – will keep trading until June 12. The six closures have less than $700,000 in assets under management combined.
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