21SHARES PARTNERS WITH GERMAN BROKERAGE TO OFFER CRYPTO ETPS FOR SAVINGS ACCOUNTS

Last updated: June 19, 2025, 22:27 | Written by: Changpeng Zhao

The world of finance is constantly evolving, and the integration of cryptocurrency into traditional investment avenues is a significant step forward.In a groundbreaking move, 21Shares, a leading cryptocurrency exchange-traded product (ETP) provider, has partnered with comdirect, a prominent online broking firm in Germany, to bring crypto ETPs to savings accounts. We are very excited to offer German clients who wish to add Bitcoin and other crypto assets to their savings plan a compelling option to do soThis collaboration allows comdirect's nearly 3 million customers to incorporate physically-backed crypto ETPs into their Spar savings accounts, marking a first in the investment landscape.Imagine being able to seamlessly integrate Bitcoin and other digital assets into your regular savings plan!This partnership aims to make crypto investing more accessible and convenient for German clients.What does this innovative collaboration mean for the future of crypto investment?How does it affect traditional saving strategies?This article delves into the details of this partnership, its implications, and what it means for investors.

Breaking Down the 21Shares and comdirect Partnership

This partnership between 21Shares and comdirect represents a significant milestone in the adoption of cryptocurrency as a mainstream investment option.Let's examine the key aspects of this collaboration:

Exclusive Agreement: 21Shares has been retained as the sole provider of physically-backed crypto ETPs to comdirect's savings plan program (Spar plan). Der Anlageprodukteanbieter 21Shares hat sich mit comdirect, einem f hrenden Online-Broker aus Deutschland, zusammengetan. Er will seine b rsengehandelten Kryptow hrungsprodukte (ETPs) auf den Sparkonten der Bank anbieten.This exclusivity underscores 21Shares' position as a trusted and reliable provider in the crypto ETP market.
Accessibility for Millions: Comdirect boasts nearly 3 million customers, all of whom now have the option to incorporate crypto ETPs into their savings accounts.This massive reach significantly expands the potential investor base for crypto assets.
Physically-Backed ETPs: The ETPs offered are physically-backed, meaning they are collateralized by actual cryptocurrency holdings. 21Shares partners with German brokerage to offer crypto ETPs for savings accountsThis provides investors with a greater sense of security and transparency compared to synthetic ETPs.

What are Crypto ETPs and Why are They Important?

To fully understand the significance of this partnership, it's crucial to grasp the concept of crypto ETPs. 21Shares, a cryptocurrency exchange-traded product (ETP) provider, has partnered with comdirect, a prominent online broking firm in Germany, to introduce its ETPs to savings accounts. comdirect s approximately 3 million clients will be able to incorporate physically-backed crypto ETPs into their Spar savings accounts as a result of theAn Exchange-Traded Product (ETP) is a type of security that tracks an underlying asset, index, or commodity and trades on a stock exchange like traditional stocks. The agreement means comdirect's 2.9 million clients can incorporate 21Shares' crypto ETPs into their savings accounts.Crypto ETPs, specifically, track the price of one or more cryptocurrencies.

Here's why they are gaining popularity:

Ease of Access: Crypto ETPs allow investors to gain exposure to cryptocurrencies without directly purchasing and storing the digital assets themselves. 21Shares AG announced an exclusive partnership with the largest German online retail platform. 21Shares will be the sole provider of physically-backed crypto exchange-traded products (ETPs) to the online broker s savings plan program. 21Shares have launched several crypto ETPs across EuropeThis simplifies the investment process and reduces the technical barriers to entry.
Regulation and Security: ETPs are subject to regulatory oversight and are traded on established exchanges, offering a degree of security and investor protection that may be lacking in the direct crypto market.
Diversification: Crypto ETPs can be used to diversify investment portfolios, potentially reducing overall risk and enhancing returns.
Tax Efficiency: In some jurisdictions, crypto ETPs may offer tax advantages compared to directly holding cryptocurrencies.

The Significance of Physically-Backed Crypto ETPs

The fact that 21Shares provides physically-backed crypto ETPs is particularly noteworthy. 3.8K subscribers in the AllThingsCrypto community. A sub to discuss cryptocurrnecy.This means that for every ETP issued, 21Shares holds an equivalent amount of the underlying cryptocurrency in secure storage.This approach offers several benefits:

Transparency: Investors can be confident that the ETP is backed by real crypto assets, reducing the risk of manipulation or fraud.
Reduced Counterparty Risk: Physically-backed ETPs minimize counterparty risk, as there is no reliance on derivatives or other financial instruments to replicate the performance of the underlying cryptocurrency.
Direct Exposure: Investors gain direct exposure to the price movements of the underlying cryptocurrency, without the complexities of managing their own wallets and private keys.

How do Physically-Backed ETPs Work?

Physically-backed ETPs operate by purchasing and securely storing the underlying cryptocurrency assets.When an ETP is created, the issuer (in this case, 21Shares) purchases the corresponding amount of cryptocurrency from the market and places it in a secure custodian account.As the price of the cryptocurrency fluctuates, the value of the ETP also changes accordingly. We are very excited to offer German clients who wish to add Bitcoin and other crypto assets to their savings plan a compelling option to do so thanks to comdirect, said Hany Rashwan, CEO of 21Shares.When an ETP is redeemed, the issuer sells the corresponding amount of cryptocurrency and returns the proceeds to the investor.

21Shares: A Pioneer in Crypto ETPs

21Shares has established itself as a leading provider of crypto ETPs, with a strong track record of innovation and reliability. The content is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect to any products or services for any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile, or residence.Some statements onAccording to Hany Rashwan, CEO of 21Shares, the company was the first crypto issuer to list a fully collateralized, 100% physically-backed Bitcoin ETP on most German exchanges back in 2025. Funding product issuer 21Shares has joined forces with comdirect, a number one on-line brokerage in Germany, to convey its cryptocurrency exchange-traded merchandise, or ETPs, to financial savings accounts. The partnership implies that comdirect s almost 3 million clients will be capable of combine physically-backed crypto ETPs into their Spar financial savings accounts. 21Shares claims thatTheir commitment to providing transparent and secure investment products has made them a trusted partner for institutions and retail investors alike.

Furthermore, 21Shares has a broad range of crypto ETPs available across Europe, allowing investors to gain exposure to various cryptocurrencies, including Bitcoin, Ethereum, and other altcoins.

Comdirect: Embracing Innovation in Finance

Comdirect, as one of the largest online retail platforms in Germany, has demonstrated a commitment to providing its customers with access to innovative investment opportunities.By partnering with 21Shares, comdirect is empowering its clients to explore the potential of cryptocurrency as a savings and investment option.

This partnership aligns with comdirect's broader strategy of offering a diverse range of investment products and services, catering to the evolving needs of its customer base.

The Benefits for German Investors

This partnership offers several compelling benefits for German investors:

Convenient Access to Crypto: Investors can now add Bitcoin and other crypto assets to their savings plans through a trusted and regulated platform.
Diversification Opportunities: Crypto ETPs can help investors diversify their portfolios and potentially enhance returns.
Tax Advantages: German-based private investors who hold crypto ETPs with a physical delivery option for one year or longer may not be subject to capital gains taxes on any appreciation in the value of the ETPs.This is because 21Shares crypto ETPs have a physical redemption right, which is considered equal to direct holdings by tax authorities.This is a HUGE benefit.
Zero Commissions: The 11 ETPs currently listed in Germany are now available on the Comdirect platform at zero commissions, making crypto investing even more accessible.

How to Integrate Crypto ETPs into Your Savings Account with comdirect

Integrating 21Shares' crypto ETPs into your comdirect Spar savings account is a straightforward process:

Open a comdirect Account: If you are not already a comdirect customer, you will need to open an account.The process is typically done online and requires you to provide personal and financial information.
Access Your Savings Plan (Spar Plan): Once your account is set up, log in and navigate to your savings plan section.
Select 21Shares Crypto ETPs: Browse the available investment options and select the 21Shares crypto ETPs that align with your investment goals.
Determine Investment Amount: Decide how much you want to allocate to crypto ETPs in your savings plan.
Set Up Recurring Investments: You can set up recurring investments to automatically purchase crypto ETPs on a regular basis. crypto markets; eth-bch vs btc; bitcoin price; ethereum price; cardano (ada) price; solana (sol) price; ripple (xrp) price; polkadot (dot) price; dogecoin (doge) price;This is a great way to dollar-cost average into the market.
Monitor Your Portfolio: Regularly monitor your portfolio to track the performance of your crypto ETPs and make adjustments as needed.

Potential Risks and Considerations

While this partnership offers exciting opportunities for investors, it's essential to be aware of the potential risks and considerations associated with investing in crypto ETPs:

Volatility: Cryptocurrencies are known for their volatility, and the value of crypto ETPs can fluctuate significantly.Investors should be prepared for potential losses.
Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving, and changes in regulations could impact the value of crypto ETPs.
Market Risk: Crypto markets are subject to various risks, including market manipulation, security breaches, and technological disruptions.
Lack of Understanding: Before investing in crypto ETPs, it's crucial to understand the underlying technology and the factors that can influence the price of cryptocurrencies.

The Future of Crypto Integration into Traditional Finance

The partnership between 21Shares and comdirect signals a growing trend of integrating cryptocurrency into traditional finance. Investeringsproduktudsteder 21Shares har sl et sig sammen med comdirect, en f rende online-m glervirksomhed i Tyskland, for at bringe sin kryptokursbytteAs the crypto market matures and regulatory frameworks become clearer, we can expect to see more collaborations between crypto companies and traditional financial institutions.

This integration will likely lead to greater accessibility, liquidity, and stability in the crypto market, making it more attractive to a wider range of investors.

Addressing Common Questions About Crypto ETPs and Savings Accounts

Can I lose money investing in Crypto ETPs through my savings account?

Yes, like any investment, there's a risk of losing money. 21Shares AG, the Swiss-based investment product issuer, has partnered with the leading German online brokerage Comdirect to bring its cryptocurrency exchange-traded products, or ETPs, to savings accounts. With this partnership, nearly 3 million Comdirect's customers will be able to integrate physically-backed crypto ETPs into their Spar savings accounts. 21Shares claims this as a world-firstCryptocurrency markets are volatile, and the value of your ETPs can fluctuate significantly.Only invest what you can afford to lose.

Are there any fees associated with buying and holding Crypto ETPs on comdirect?

Currently, the 11 ETPs available on the Comdirect platform are offered with zero commissions, however you should always check for any management fees or other charges associated with the specific ETP you choose.

What happens if the underlying cryptocurrency in the ETP is hacked or stolen?

21Shares uses reputable custodians to secure the underlying cryptocurrencies, which adds a layer of security. Currently, German-based private investors who hold crypto ETPs with a physical delivery option for one year or longer may not be subject to capital gains taxes on any appreciation in the value of ETPs. 21Shares crypto ETPs are unique because they have a physical redemption right, which is considered equal to direct holdings by tax authorities.However, no system is completely immune to hacking or theft.In the event of a security breach, 21Shares would typically work to mitigate the impact and protect investors' interests.

How does taxation work for Crypto ETPs in Germany?

German-based private investors who hold crypto ETPs with a physical delivery option for one year or longer may not be subject to capital gains taxes on any appreciation in the value of ETPs.Consult with a tax advisor for personalized advice based on your individual circumstances.

What other cryptocurrencies are available through 21Shares ETPs?

While this partnership initially focuses on Bitcoin and other major cryptocurrencies, 21Shares offers a wide range of ETPs covering various digital assets. The partnership means that comdirect s nearly 3 million customers will be able to integrate physically-backed crypto ETPs into their Spar savings accounts. 21Shares claims this is the first suchCheck the comdirect platform for a complete list of available ETPs.

Conclusion: A New Era for Crypto Investment

The partnership between 21Shares and comdirect is a landmark event in the evolution of cryptocurrency investment. The agreement means comdirect's 2.9 million clients can incorporate 21Shares' crypto ETPs into their savings accounts. Please note, this is a STATIC archive of website cointelegraph.com from, cach3.com does not collect or store any user information, there is no phishing involved.By bringing physically-backed crypto ETPs to savings accounts, this collaboration makes it easier and more accessible for German investors to participate in the digital asset market. 21Shares和其他加密资产公司一直致力于将数字资产集成到传统金融领域。比特币ETP已被证明是寻求加密货币替代敞口的投资者的热门选择。早在2025年，21Shares成为首家在德国交易所上市完全抵押比特币ETP的加密产品发行商。While it's crucial to understand the risks involved, this partnership represents a significant step towards mainstream adoption and offers exciting opportunities for portfolio diversification and potential long-term growth.

Key Takeaways:

21Shares partners with comdirect to offer crypto ETPs for savings accounts.
This is the first instance of physically-backed crypto ETPs being integrated into German savings accounts.
Nearly 3 million comdirect customers can now access crypto ETPs.
Crypto ETPs offer convenient access to cryptocurrencies without direct ownership.
German investors may benefit from tax advantages on long-term holdings of physically-backed ETPs.

If you are a German resident and a comdirect customer, consider exploring the available 21Shares crypto ETPs to see if they align with your investment goals and risk tolerance.Remember to conduct thorough research and consult with a financial advisor before making any investment decisions. The partnership means that comdirect s nearly 3 million customers will be able to integrate physically-backed crypto ETPs into their Spar savings accounts. 21Shares claims this is the first such instance where investors can gain crypto exposure in their savings accounts.This collaboration marks a significant step in the journey of cryptocurrency towards becoming a mainstream asset class. 21Shares partners with German brokerage to offer crypto ETPs for savings accountsSource: CointelegraphPublished onBy embracing innovation and providing secure and accessible investment options, companies like 21Shares and comdirect are paving the way for a future where digital assets play a more prominent role in the global financial landscape.