21Shares Reduces Fees on Core Bitcoin and Ethereum ETPs to 10 Basis Points
Issuer makes flagship products among the lowest-cost ways to access Bitcoin and Ethereum in Europe
ZURICH, September 30, 2025 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange-traded products (ETPs), today announced a fee reduction on its flagship Core Bitcoin ETP (ticker: CBTC) and Core Ethereum ETP (ticker: ETHC). Starting October 1, 2025, both products will carry a management fee of just 10 basis points (0.10%), reduced from the previous 0.21%, making them among the lowest-cost ways to access Bitcoin and Ethereum with institutional-grade backing in Europe. This fee waiver is scheduled for 12 months.
This announcement comes shortly after 21Shares surpassed 50 listed crypto ETPs in Europe, reinforcing its position as the issuer with the broadest and most diverse lineup of physically backed crypto investment products available to investors. 21Shares also recently surpassed $11bn in assets under management (AUM) globally.
The Core series was designed to provide investors with cost-efficient access to the world’s two largest cryptoassets. With this fee reduction, 21Shares continues to advance its mission of expanding access to digital assets through transparent, physically backed, and regulated investment vehicles. 21Shares’ European products on Bitcoin and Ethereum maintained some of the tightest spreads in the industry throughout 2025, ensuring investors benefit from highly efficient execution alongside reduced fees.
“Our Core series is built for investors who want long-term, cost-effective exposure to Bitcoin and Ethereum,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “By lowering fees to just 10 basis points, we are making it even easier for European investors to hold the foundational cryptoassets in their portfolios through a regulated and familiar ETP wrapper. This initiative also reflects our strong and ongoing commitment to serving European investors, where we continue to lead with the broadest suite of physically backed crypto ETPs.”
Product Metrics
21Shares Core Bitcoin ETP (CBTC)
- Name: 21Shares Core Bitcoin ETP
- Ticker: CBTC
- ISIN: CH1217952401
- Exchange: SIX Swiss Exchange
- Currencies: USD, CHF, EUR
- New Fee: 0.10% (previously 0.21%)
21Shares Core Ethereum Staking ETP (ETHC)
- Name: 21Shares Core Ethereum Staking ETP
- Ticker: ETHC
- ISIN: CH1217952419
- Exchange: SIX Swiss Exchange
- Currencies: USD, CHF, EUR
- New Fee: 0.10% (previously 0.21%)
About 21Shares
21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of physically-backed crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, transparent and cost-efficient investment solutions.
21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.
Media Contact
Audrey Belloff
Audrey.Belloff@21shares.com
DISCLAIMER
This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.
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This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.
Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.
Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.
The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.
This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).
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