AVAX, MATIC and ALGO ETPs coming to Swiss Exchange

Swiss-based company 21Shares announced nowadays that it’ll listing 3 extra crypto ETPs (change investment product) on the Swiss Stock Exchange SIX. With the newly listed crypto ETPs according to MATIC, AVAX and ALGO, the collection of crypto ETPs in the Swiss market rises to 20.

21 Shares Polygon ETP

The ETP traded with the code POLY, Ethereum will display the funding results of Polygon, the scaling platform. Webhosting more than 3,000 applications, Polygon changed into widespread in 2021 way to its top velocity and coffee transaction value. The checklist date of the ETP has been introduced as November 18, 2021.

21 Shares Avalanche ETP

Traded with the AVAX code, the ETP will monitor the investment results of Ethereum rival Avalanche. Avalanche’s core energy comes from its capability to process a high choice of transactions, up to 6,500 transactions in line with 2d. The ETP will likely be listed on November 19, 2021.

21 Shares Algorand ETP

This ETP, which will likely be traded with the code ALGO, will monitor the funding result of Algorand, the first layer resolution assisting decentralized packages. Algorand was once based by way of MIT professor and Turing prize winner Silvio Micali, referred to as the Nobel Prize in pc technology. The ALGO ETP will begin trading on November 23, 2021.

21Shares manages $THREE billion in belongings as of November 2021.