21SHARES DEBUTS CRYPTO STAKING ETP ON BX SWISS EXCHANGE

Last updated: June 19, 2025, 20:45 | Written by: Cathie Wood

The world of cryptocurrency investments is constantly evolving, and 21Shares, a Switzerland-based cryptocurrency firm, is at the forefront of innovation.In a move highlighting the growing interest in proof-of-stake (PoS) coins, 21Shares has launched a new crypto exchange-traded product (ETP) dedicated to staking.This groundbreaking initiative, the 21Shares Staking Basket Index ETP, provides investors with an accessible and diversified way to participate in the staking rewards generated by various PoS cryptocurrencies. Digital currency firm 21Shares has debuted its new crypto staking exchange-traded product (ETP) on the BX Swiss exchange. This initiative, dubbed the 21Shares Staking Basket Index ETP, isLaunched on January 18th and immediately trading on the BX Swiss exchange under the ticker STAKE, this ETP represents a significant step forward in making crypto staking more mainstream. 7.1M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis.This ETP is not only about accessing potential returns; it's about participating in the network security and governance of these promising blockchain projects.It also diversifies risk by holding a basket of assets, as opposed to a single cryptocurrency. 21Shares on Jan. 18 launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocurrencies. The ETP immediately starts trading on the local stock exchange BX Swiss under the ticker STAKE.This approach allows investors to capitalize on the growth potential of the PoS ecosystem while mitigating the specific risks associated with any individual coin. 21Shares has launched the first exchange-traded product (ETP) offering staking yield on a basket of cryptocurrencies. The 21Shares Staking Basket (STAKE) is listed on the BX Swiss with a total expense ratio (TER) of 2.5%.The introduction of this ETP reflects the increasing maturity of the crypto market and the demand for sophisticated investment products.

Understanding the 21Shares Staking Basket Index ETP

The 21Shares Staking Basket Index ETP (STAKE) is designed to track the performance of a basket of up to 10 Proof-of-Stake (PoS) cryptocurrencies.This means the ETP holds a selection of cryptocurrencies that reward holders for participating in the network's consensus mechanism, known as staking. Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated toStaking involves locking up a certain amount of cryptocurrency to help validate transactions and maintain the security of the blockchain.In return for their contribution, stakers receive rewards, typically in the form of additional cryptocurrency.

Currently, the ETP tracks six digital assets: Cardano (ADA), Binance Coin (BNB), Polkadot (DOT), Cosmos (ATOM), Tezos (XTZ), and Solana (SOL).The composition of the basket may be adjusted over time to reflect changes in the PoS landscape and ensure the ETP continues to represent a diverse and well-performing selection of cryptocurrencies.The ETP's objective is to provide investors with a simple and cost-effective way to earn staking rewards without the complexities of managing their own staking infrastructure.

Key Features and Benefits of the STAKE ETP

The 21Shares Staking Basket Index ETP offers several compelling features and benefits for investors looking to gain exposure to the world of crypto staking:

Diversification: By holding a basket of PoS cryptocurrencies, the ETP reduces the risk associated with investing in a single asset.
Accessibility: ETPs are traded on regulated stock exchanges, making them easily accessible to a wide range of investors, including those who may be unfamiliar with the complexities of directly managing cryptocurrency wallets and staking.
Convenience: The ETP eliminates the need for investors to set up and manage their own staking infrastructure, including wallets, nodes, and security protocols.
Liquidity: ETPs offer high liquidity, allowing investors to buy and sell shares easily during market hours.
Transparency: The composition and performance of the ETP are transparent and readily available to investors.
No Lending: Arthur Krause, director of ETP product at 21.co, the parent company of 21Shares, emphasizes that the Staking Basket ETP does not engage in lending activities, providing an added layer of security and peace of mind for investors.

The Stacks Staking ETP (ASTX): Unlocking Bitcoin's Potential

In addition to the Staking Basket Index ETP, 21Shares has also launched the 21Shares Stacks Staking ETP (ASTX), the world’s first ETP to offer exposure to Stacks (STX).Stacks is a crypto asset protocol that aims to unlock the full potential of Bitcoin by enabling smart contracts and decentralized applications (dApps) to be built on the Bitcoin blockchain.

This ETP provides investors with direct exposure to STX, the native token underpinning the Stacks protocol.By staking STX tokens, holders can earn Bitcoin rewards while contributing to the security and functionality of the Stacks network.This innovative ETP allows investors to participate in the growth of the Bitcoin ecosystem and earn passive income through staking, all within a familiar and regulated investment vehicle.

How Stacks Enhances Bitcoin

Stacks brings several key benefits to the Bitcoin network:

Smart Contracts: Stacks enables developers to build smart contracts on Bitcoin, expanding its functionality beyond simple transactions.
Decentralized Applications (dApps): Developers can create dApps that leverage the security and stability of the Bitcoin blockchain.
Bitcoin Rewards: Stakers of STX tokens earn Bitcoin rewards for their participation in the network.

Delving Deeper: Proof-of-Stake (PoS) and its Advantages

The 21Shares Staking Basket Index ETP focuses on cryptocurrencies that utilize a Proof-of-Stake (PoS) consensus mechanism.Understanding PoS is crucial to appreciating the value proposition of this ETP.In a PoS system, validators (those who stake their coins) are selected to create new blocks and validate transactions based on the amount of cryptocurrency they hold and are willing to ""stake"" as collateral.

This differs significantly from Proof-of-Work (PoW) systems, like Bitcoin, which rely on energy-intensive mining to secure the network. After releasing the Staking Basket Index ETP with the STAKE ticker, they immediately began trading on BX Swiss, a local stock exchange. Following the launch, the ETPs could track up to 6 cryptocurrencies, including Cardano, Binance Coin, Polkadot, Cosmos, Tezos, and Solana.PoS offers several advantages over PoW:

Energy Efficiency: PoS is significantly more energy-efficient than PoW, making it a more sustainable consensus mechanism.
Scalability: PoS can potentially offer higher transaction throughput and faster confirmation times compared to PoW.
Security: PoS can be more resistant to certain types of attacks, such as 51% attacks.

Why Choose a Staking ETP Over Direct Staking?

While investors can directly stake PoS cryptocurrencies themselves, a staking ETP offers several advantages:

Reduced Complexity: Direct staking can be technically challenging, requiring users to set up wallets, manage private keys, and understand the intricacies of each blockchain's staking process.An ETP simplifies this process, allowing investors to gain exposure to staking rewards without the technical hurdles.
Security: Managing private keys and securing cryptocurrency wallets can be risky. Digital asset ETP specialist 21Shares has launched the world s first crypto ETP providing direct exposure to STX, the native token underpinning the Stacks protocol. Stacks enables smart contracts to be run on the Bitcoin blockchain.An ETP eliminates the need for investors to handle these sensitive assets directly, reducing the risk of theft or loss.
Liquidity: Directly staked cryptocurrencies may be subject to lock-up periods, during which they cannot be traded. Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking. On Jan. 18, the company launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocurrencies.ETPs offer greater liquidity, allowing investors to buy and sell shares as needed.
Diversification: An ETP allows investors to diversify their staking exposure across multiple cryptocurrencies, reducing the risk associated with investing in a single asset.

Analyzing the Total Expense Ratio (TER)

The 21Shares Staking Basket (STAKE) ETP is listed on the BX Swiss with a total expense ratio (TER) of 2.5%. El ETP comienza a cotizar inmediatamente en el exchange local BX Swiss bajo el s mbolo STAKE. En su lanzamiento, el ETP STAKE de 21Shares rastrea seis activos digitales, incluidos BNB ( BNB ), Cardano ( ADA ), Cosmos ( ATOM ), Polkadot ( DOT ), Solana ( SOL ) y Tezos ( XTZ ).The TER represents the annual cost of managing and operating the ETP, expressed as a percentage of the ETP's assets. Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking. 21Shares on Jan. 18 launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocurrencies. The ETP immediately starts trading on the local stock exchange BX [ ]This expense covers various costs, including management fees, custody fees, and administrative expenses. Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking.On Jan. 18, the company launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocuWhile 2.5% may seem like a significant fee, it's important to consider the benefits the ETP provides, such as diversification, accessibility, convenience, and security.Investors need to weigh the cost of the TER against the potential returns from staking rewards and the overall value proposition of the ETP.

The Launch Follows Previous Staking ETPs

The launch of STAKE ETP comes a few years after 21Shares started experimenting with staking ETPs.In 2025, 21Shares debuted the 21Shares Tezos Staking ETP (AXTZ) and launched the 21Shares Solana Staking ETP (ASOL) in June 2025.Both products experienced a significant decline in 2025, in line with the bear market.While this past performance is not indicative of future results, it highlights the volatility of the cryptocurrency market and the importance of considering the risks associated with investing in digital assets.These earlier products provided valuable lessons and experience that likely contributed to the design and launch of the current, more diversified Staking Basket ETP.

The Role of BX Swiss Exchange

The 21Shares Staking Basket Index ETP is listed and trading on the BX Swiss exchange. Having attracted over $1 billion in AUM, 21Shares, through its affiliate 21Shares AG, has developed unrivaled expertise in crypto markets. 03 Active Investment StrategiesBX Swiss is a Swiss stock exchange that provides a platform for trading a variety of securities, including equities, bonds, and ETPs.Listing on BX Swiss offers several advantages for the ETP, including:

Regulatory Oversight: BX Swiss is a regulated exchange, providing a level of investor protection and transparency.
Accessibility: The exchange provides access to a broad range of investors, including both retail and institutional investors.
Liquidity: Listing on a recognized exchange enhances the liquidity of the ETP, making it easier for investors to buy and sell shares.

Navigating the Crypto Landscape: A Word of Caution

While the 21Shares Staking Basket Index ETP offers an innovative and convenient way to participate in the world of crypto staking, it's important to remember that investing in cryptocurrencies involves significant risks.The value of cryptocurrencies can be highly volatile and subject to rapid price swings.Investors should carefully consider their risk tolerance and investment objectives before investing in any cryptocurrency product, including this ETP.

Risk Factors to Consider

Here are some key risk factors to consider:

Market Volatility: The cryptocurrency market is known for its extreme volatility, and the value of the ETP can fluctuate significantly.
Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving, and changes in regulations could impact the value of the ETP.
Technology Risk: Cryptocurrencies are based on complex technology, and there is a risk of technical failures, security breaches, or other unforeseen events that could impact the value of the ETP.
Staking Risk: Staking rewards are not guaranteed and can vary depending on factors such as network conditions and the performance of the underlying cryptocurrencies.

Frequently Asked Questions (FAQ)

What is an ETP?

An Exchange Traded Product (ETP) is a type of security that tracks an underlying asset, index, commodity, or strategy. 21Shares debuts crypto staking ETP on BX Swiss exchange。在老虎證券瞭解市場動態、行情表現及投資策略建議，優化決策。ETPs are traded on stock exchanges, similar to stocks, making them accessible to a wide range of investors.

What is Proof-of-Stake (PoS)?

Proof-of-Stake (PoS) is a consensus mechanism used by some cryptocurrencies to validate transactions and secure the network.In a PoS system, validators are selected based on the amount of cryptocurrency they hold and are willing to ""stake"" as collateral.

What are staking rewards?

Staking rewards are incentives paid to users who participate in a Proof-of-Stake (PoS) network by locking up their cryptocurrency to help validate transactions. Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking. 21Shares on Jan. 18 launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocurrencies. The ETP immediately starts trading onThese rewards are typically paid in the form of additional cryptocurrency.

What is the total expense ratio (TER)?

The total expense ratio (TER) is the annual cost of managing and operating an ETP, expressed as a percentage of the ETP's assets. 21 co director of ETP Product Arthur Krause emphasized that the 21Shares Staking Basket ETP does not engage in lending Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake PoS coins by launching a new cryptoIt covers various costs, including management fees, custody fees, and administrative expenses.

Where can I trade the 21Shares Staking Basket Index ETP?

The 21Shares Staking Basket Index ETP is listed and trading on the BX Swiss exchange under the ticker STAKE.

Conclusion: Embracing the Future of Crypto Investment

The launch of the 21Shares Staking Basket Index ETP and the 21Shares Stacks Staking ETP on the BX Swiss exchange marks a significant milestone in the evolution of cryptocurrency investment products. Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking. On Jan. 18, the company launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocurrencies. The ETP immediately starts trading on the local stock exchangeBy providing investors with a diversified, accessible, and convenient way to participate in the world of crypto staking, 21Shares is helping to bridge the gap between traditional finance and the innovative world of decentralized finance (DeFi). In 2025, 21Shares debuted the 21Shares Tezos Staking ETP (AXTZ) and past launched the 21Shares Solana Staking ETP (ASOL) successful June 2025. Both products experienced a important diminution successful 2025, which came successful enactment with a monolithic carnivore marketplace successful crypto past year.While it's vital to approach these investments with a clear understanding of the inherent risks, the potential rewards and opportunities for participation in the blockchain ecosystem are undeniable.

Key takeaways:

21Shares has launched a Staking Basket Index ETP (STAKE) and a Stacks Staking ETP (ASTX) on the BX Swiss exchange.
The Staking Basket ETP offers diversified exposure to Proof-of-Stake cryptocurrencies.
The Stacks Staking ETP allows investors to earn Bitcoin rewards by staking STX tokens.
Staking ETPs offer advantages such as reduced complexity, enhanced security, and increased liquidity compared to direct staking.
Investing in cryptocurrencies involves significant risks, and investors should carefully consider their risk tolerance and investment objectives.

Before investing in any cryptocurrency ETP, conduct thorough research, consult with a financial advisor, and understand the associated risks.Consider this ETP as one potential avenue for participating in the growing crypto asset market.