ChainCatcher news, the U.S. Securities and Exchange Commission has announced the establishment of a new cryptocurrency working group, which insiders see as a gateway to updated regulations and more cryptocurrency fund approvals.21Shares cryptocurrency research strategist Matt Mena stated, "The newly established SEC cryptocurrency working group led by Commissioner Hester Peirce may accelerate the approval of a broader range of cryptocurrency ETFs, including SOL, XRP, LTC, DOT, and DOGE."

ChainCatcher news, according to market news, 21Shares has registered its Polkadot trust in Delaware, and the trust product is named "21SHARES POLKADOT TRUST".

ChainCatcher news, according to Phoenix News, 21Shares XRP Trust has been registered in the state of Delaware, USA, under the name "21Shares XRP Trust". The entity was established on June 3, 2024, is a statutory trust, and the registered agent is CSC Delaware Trust Company, located in Wilmington, Delaware.

ChainCatcher news, according to The Block, executives from 21Shares, Coinbase, and SkyBridge Capital discussed the topic of cryptocurrency entering the mainstream this year at the Emergence conference on Friday.Hany Rashwan, co-founder and CEO of 21Shares, stated on Friday: "We haven't seen such a turning point in the global order for a long time. The status of the dollar as a reserve currency is under threat. We have seen this from euro bonds and the oil crisis, and we have weathered these challenges. Therefore, we may be entering a period of 5 to 20 years during which many will make significant moves, and we will wait to see how it turns out."Daniel Seifert, Vice President and Regional Managing Director for Europe, the Middle East, and Africa at Coinbase, said: "A large number of well-known companies and institutional participants from the United States have poured all their efforts into this project and activated the distribution network here." SkyBridge Capital's Head of Research, John Svolos, noted that the rising adoption rate of stablecoins has also driven overall demand for cryptocurrencies.

ChainCatcher news, according to GlobeNewswire, digital asset management company 21.co announced a restructuring of its operational framework, splitting its original business into two independent entities: 21Shares and 21.co Technologies. 21.co will continue to serve as the holding company for both entities. The new structure will take effect on January 6, 2025.After the restructuring, co-founders Hany Rashwan and Ophelia Snyder will serve as co-chairs of 21Shares and will focus their efforts on 21.co Technologies, serving as CEO and President, respectively. Former abrdn Global Head of Alternatives and Multi-Asset Investing Russell Barlow will take on the role of CEO of 21Shares, managing over $20 billion in assets.21Shares will focus on asset management and ETP business, while 21.co Technologies will be dedicated to developing next-generation products such as tokenized assets, smart contracts, and risk management. This business restructuring aims to respond to a new wave of growth in the digital asset industry, allowing both entities to better achieve their respective business objectives.

ChainCatcher message, Arkham data shows that about 19 hours ago, 21Shares (21.co) Arbitrum exchange-traded products transferred a total of 1,364,108.613 ARB to Flow Traders through two transactions, worth approximately $1.27 million;10 hours ago, 21Shares crypto basket index ETP HODL exchange-traded products transferred 66.017 BTC to Flow Traders, worth $6.43 million.

ChainCatcher news, according to Crypto.news, Swiss wealth management company 21Shares has added four ETPs to its European products: PYTH, ONDO, RNDR, and NEAR, covering price oracles, asset tokenization, decentralized computing, and artificial intelligence.In addition, 21Shares will allow investors to reinvest NEAR staking rewards into the ETP. 21Shares noted that reinvesting rewards can enhance the performance of its NEAR ETP and bring greater returns to clients. All four ETFs will be traded on exchanges in cities such as Amsterdam and Paris.

ChainCatcher news, 21Shares AG announced the introduction of staking functionality in its Ethereum Core ETP, and it has been renamed to Ethereum Core Staking ETP.The upgraded product is now listed on major European exchanges, including the SIX Swiss Exchange, Deutsche Börse Xetra, and Euronext Amsterdam. This update aims to provide more convenient staking services for European institutional and retail investors.

ChainCatcher news, a research analyst from the crypto asset management company 21Shares stated that Wall Street investors largely remain unaware of Ethereum's potential, much like Amazon in the early 1990s before it became a $2 trillion tech giant. Just as it redefined an entire industry, Ethereum may also surprise us with revolutionary use cases that we cannot fully imagine today.

ChainCatcher news, according to public documents from the U.S. Securities and Exchange Commission, 21Shares has submitted an S-1 form to apply for an XRP ETF, which is named 21Shares Core XRP Trust.

ChainCatcher message, according to SoSoValue data, the net inflow of Bitcoin spot ETFs last week (Eastern Time from October 21 to October 25) was 998 million USD.Among them, Grayscale ETF GBTC had a net outflow of 11.9 million USD for the week, with a historical net outflow of 20.11 billion USD. The Bitcoin spot ETF with the highest net inflow last week was BlackRock ETF IBIT, with a weekly net inflow of 1.15 billion USD, and the historical total net inflow of IBIT has reached 23.99 billion USD. The second was Fidelity Bitcoin ETF FBTC, with a weekly net inflow of 71.7 million USD, and the historical total net inflow of FBTC has reached 10.38 billion USD. The Bitcoin spot ETF with the highest net outflow last week was ARK 21Shares Bitcoin ETF ARKB, with a weekly net outflow of 206 million USD, and the historical total net inflow of ARKB has reached 2.65 billion USD.As of now, the total net asset value of Bitcoin spot ETFs is 65.253 billion USD, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 4.93%, and the historical cumulative net inflow has reached 21.935 billion USD.

ChainCatcher news, according to CryptoSlate, based on a statement from October 7, the crypto investment firm 21Shares has called on the European Securities and Markets Authority (ESMA) to establish standardized regulatory rules for including cryptocurrencies in Undertakings for Collective Investment in Transferable Securities (UCITS) funds. The company pointed out that the current approach lacks consistency, leading to confusion among retail and institutional investors across Europe. For example, Germany and Malta allow UCITS funds to include cryptocurrencies, while Luxembourg and Ireland do not.Mandy Chiu, Head of Financial Products Development at 21Shares, explained that this fragmented approach limits retail investors' ability to fully benefit from cryptocurrencies. She added, "By providing a consistent set of rules across Europe, ESMA can open new avenues for investors to diversify and enhance their portfolios in a regulated environment designed to protect investors." Chiu also noted that clear and consistent rules would help stabilize the market while promoting the growth of the cryptocurrency industry.Therefore, 21Shares urges ESMA to develop comprehensive guidelines that allow all EU member states to invest indirectly in cryptocurrencies. According to 21Shares, this would protect investors and broaden the channels for cryptocurrency investment. It is worth noting that 21Shares' call for regulatory clarity comes as ESMA reviews its recent consultation feedback on including new asset classes, including cryptocurrencies, in UCITS funds.

ChainCatcher message, according to SoSoValue data, during the last trading week (Eastern Time from September 30 to October 04), Bitcoin spot ETFs experienced a net outflow of 301 million USD.Among them, Grayscale ETF GBTC had a weekly net outflow of 47.12 million USD, with a historical net outflow of 20.14 billion USD. The Bitcoin spot ETF with the highest net inflow last week was BlackRock ETF IBIT, with a weekly net inflow of 135 million USD, bringing its historical total net inflow to 21.56 billion USD. The second was Invesco Galaxy Bitcoin ETF BTCO, with a weekly net inflow of 2.44 million USD, currently having a historical total net inflow of 373 million USD. The Bitcoin spot ETF with the highest net outflow last week was ARK 21Shares Bitcoin ETF ARKB, with a weekly net outflow of 206 million USD, while its historical total net inflow reached 2.52 billion USD.As of the time of publication, the total net asset value of Bitcoin spot ETFs is 57.734 billion USD, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 4.68%, and the historical cumulative net inflow has reached 18.499 billion USD.

ChainCatcher message, cryptocurrency asset management company 21Shares' parent company 21.co announced the integration of the industry-standard Chainlink proof of reserves on the Solana and Ethereum mainnets to enhance the transparency of 21.co's wrapped Bitcoin (21BTC).

ChainCatcher news, according to official sources, digital asset custody provider BitGo has announced that it has become the custodian for four ETF funds, including two U.S. spot ETFs from 21Shares: the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH). Additionally, BitGo also provides custody services for Hashdex and Valkyrie (now Coinshares).BitGo CEO Mike Belshe stated that the company offers 100% cold storage services and has served as an independent custodian for over a decade. BitGo's services include regulated cold storage, a $250 million insurance policy, and a bankruptcy-remote structure to minimize investor risk.

ChainCatcher news, digital asset custody provider BitGo has announced that it has become the custodian for four ETF funds, including two U.S. spot ETFs from 21Shares: the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH). Additionally, BitGo also provides custody services for Hashdex and Valkyrie (now Coinshares).BitGo CEO Mike Belshe stated that the company offers 100% cold storage services and has served as an independent custodian for over a decade. BitGo's services include regulated cold storage, a $250 million insurance policy, and bankruptcy-remote structures to minimize investor risk.

ChainCatcher news, according to TheBlock, Anchorage Digital announced that it will provide custody services for 21Shares' spot Bitcoin and Ethereum ETFs, and will require issuers and participants to use biometric authentication to participate in the crypto ETFs to enhance security.

ChainCatcher news, according to CryptoSlate, 21Shares' parent company 21.co has launched its wrapped Bitcoin product "21BTC" on the Ethereum blockchain.The company stated that it is collaborating with market maker Flow Traders to launch a product that allows customers to "feel secure while exploring decentralized applications and new opportunities on the Ethereum blockchain." 21.co's 21BTC securely stores the underlying asset in cold wallets without the need for cross-chain bridges.Previously in May, 21.co, a subsidiary of 21Shares, launched the native Bitcoin asset 21BTC on Solana.