{"id":64961,"date":"2026-03-25T08:48:49","date_gmt":"2026-03-25T01:48:49","guid":{"rendered":"https:\/\/hbbgroup.net\/21shares-sees-active-strategies-shaping-next-phase-of-crypto-etfs\/"},"modified":"2026-03-25T08:48:49","modified_gmt":"2026-03-25T01:48:49","slug":"21shares-sees-active-strategies-shaping-next-phase-of-crypto-etfs","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/21shares-sees-active-strategies-shaping-next-phase-of-crypto-etfs\/","title":{"rendered":"21shares sees active strategies shaping next phase of crypto ETFs"},"content":{"rendered":"<div data-testid=\"html-renderer-container\">\n<p>Crypto asset manager 21shares sees actively managed exchange-traded products as the next phase of crypto investing, as the market matures beyond simple price-tracking funds.<\/p>\n<p>Duncan Moir, president of 21shares, told Cointelegraph in an exclusive interview that because crypto is a nascent and growing asset class, it is particularly well suited to active management.<\/p>\n<p>He said the company combines bottom-up research on individual assets with quantitative and discretionary top-down strategies to manage risk and position portfolios, adding that 21shares has been expanding its portfolio management and trading teams to support more sophisticated products.<\/p>\n<blockquote><p>We\u2019ve had to hire and build out the team with people who have different trading and portfolio management expertise, but now we have a solid team and we think we\u2019ll be able to deliver strong actively managed products.<\/p><\/blockquote>\n<p><iframe width=\"100%\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/2soNoeG6wC8?start=\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen loading=\"lazy\"><\/iframe><\/p>\n<p>Active ETFs worldwide held nearly $1.8 trillion in assets at the end of 2025, <a title=\"https:\/\/www.goldmansachs.com\/insights\/articles\/why-active-etfs-are-gaining-momentum-as-investors-seek-new-solutions\" href=\"https:\/\/www.goldmansachs.com\/insights\/articles\/why-active-etfs-are-gaining-momentum-as-investors-seek-new-solutions\" target=\"_blank\" rel=\"nofollow noopener\">according<\/a> to data compiled by Morningstar and Goldman Sachs Asset Management. <\/p>\n<p>Moir added that integration with FalconX, which <a title=\"https:\/\/cointelegraph.com\/news\/falconx-acquires-21shares-crypto-etps\" href=\"https:\/\/cointelegraph.com\/news\/falconx-acquires-21shares-crypto-etps\" target=\"_self\" rel>acquired 21shares in October<\/a>, is expected to accelerate product development, particularly as the company expands into more complex offerings.<\/p>\n<p>Demand for crypto ETPs and ETFs varies by region, Moir told Cointelegraph. He said:\u00a0<\/p>\n<blockquote><p>The interest is still concentrated in the larger coins in the US. In Europe, institutional clients are more interested in newer assets and the application layer beyond the layer-1s.<\/p><\/blockquote>\n<p>He attributed the divergence to a more mature investor base in Europe, where institutions that already hold Bitcoin (<a title=\"http:\/\/cointelegraph.com\/bitcoin-price\" href=\"http:\/\/cointelegraph.com\/bitcoin-price\" target=\"_blank\" rel=\"nofollow noopener\">BTC<\/a>) and Ether (<a title=\"http:\/\/cointelegraph.com\/ethereum-price\" href=\"http:\/\/cointelegraph.com\/ethereum-price\" target=\"_blank\" rel=\"nofollow noopener\">ETH<\/a>) are increasingly looking to expand their crypto allocations.\u00a0<\/p>\n<p>Against that backdrop, <a title=\"https:\/\/cointelegraph.com\/news\/strategy-yield-europe-21shares-strc-etp\" href=\"https:\/\/cointelegraph.com\/news\/strategy-yield-europe-21shares-strc-etp\" target=\"_self\" rel>21shares recently launched an exchange-traded product in Europe<\/a> linked to Strategy\u2019s preferred stock (STRC), offering exposure to a high-yield instrument linked to the company\u2019s Bitcoin-focused capital strategy.\u00a0<\/p>\n<p>Moir said the product has seen strong early demand across multiple regions, reflecting investor appetite for yield-generating assets that are easier to access through traditional brokerage platforms.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a title=\"https:\/\/cointelegraph.com\/news\/crypto-fund-inflows-slow-230-million-fed-hits-sentiment\" href=\"https:\/\/cointelegraph.com\/news\/crypto-fund-inflows-slow-230-million-fed-hits-sentiment\" target=\"_self\" rel><em><strong>Crypto ETF inflows slow to $230M as Fed caution dents momentum: CoinShares<\/strong><\/em><\/a><\/p>\n<h2>Crypto ETPs evolve beyond passive exposure<\/h2>\n<p>As the crypto ETP and ETF market matures, issuers are moving beyond simple price tracking, with more complex structures emerging across the US and Europe.<\/p>\n<p>One area gaining traction is staking, a process that allows investors to earn yield by locking up crypto assets to help secure blockchain networks. In October, Grayscale <a title=\"https:\/\/cointelegraph.com\/news\/grayscale-launches-staking-first-us-crypto-etps\" href=\"https:\/\/cointelegraph.com\/news\/grayscale-launches-staking-first-us-crypto-etps\" target=\"_self\" rel>introduced staking across its ETPs<\/a>, making its Ether funds the first US-listed spot crypto ETFs to offer staking rewards while extending the feature to its Solana trust pending ETP approval.<\/p>\n<p>In March, asset manager <a title=\"https:\/\/cointelegraph.com\/news\/blackrock-ishares-staked-ethereum-trust-etf-exposure-yield\" href=\"https:\/\/cointelegraph.com\/news\/blackrock-ishares-staked-ethereum-trust-etf-exposure-yield\" target=\"_self\" rel>BlackRock launched a Nasdaq-listed Ethereum product<\/a> that incorporates staking, combining spot Ether exposure with yield generation. The fund <a title=\"https:\/\/cointelegraph.com\/news\/blackrock-staked-ether-etf-ethb-15-million-debut-volume\" href=\"https:\/\/cointelegraph.com\/news\/blackrock-staked-ether-etf-ethb-15-million-debut-volume\" target=\"_self\" rel>recorded $15.5 million in trading volume<\/a> on its first day.<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"18518100\"><\/template><\/p>\n<p>As new exchange-traded products come to market, Moir said 21shares evaluates potential launches based on three factors: internal research, client demand and broader market trends, with its research team identifying early opportunities and institutional feedback helping gauge interest.<\/p>\n<p>\u201cThe third is where we see trends going in the future,\u201d he said, adding that this can result in either niche, single-asset products or broader thematic offerings depending on conviction.<\/p>\n<p>Moir pointed to the company\u2019s <a title=\"https:\/\/cointelegraph.com\/news\/21shares-bold-etp-bitcoin-and-gold-exposure\" href=\"https:\/\/cointelegraph.com\/news\/21shares-bold-etp-bitcoin-and-gold-exposure\">Bitcoin-and-gold ETP<\/a> as an example of that approach in practice.\u00a0 While recently cross-listed in London, the product has been live for four years and, he said, has delivered some of the strongest risk-adjusted returns among European ETPs.\u00a0<\/p>\n<p>From a portfolio perspective, the combination \u201cjust makes total sense,\u201d he added, citing its diversification benefits across Bitcoin and gold.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a title=\"https:\/\/cointelegraph-magazine.com\/boyaa-bitcoin-expansion-south-korea-crypto-tax-doubt-asia-express\/\" href=\"https:\/\/cointelegraph-magazine.com\/boyaa-bitcoin-expansion-south-korea-crypto-tax-doubt-asia-express\/\" target=\"_blank\" rel=\"nofollow noopener\"><em><strong>Banks want to run Vietnam\u2019s crypto exchanges, Boyaa\u2019s $70M BTC plan: Asia Express<\/strong><\/em><\/a><\/p>\n<p><template data-type=\"markets_outlook\" data-name=\"subscription_form\" data-label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p>Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy <a href=\"http:\/\/cointelegraph.com\/editorial-policy\">https:\/\/cointelegraph.com\/editorial-policy<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Crypto asset manager 21shares sees actively managed exchange-traded products as the next phase of crypto investing, as the market matures [&hellip;]<\/p>","protected":false},"author":5,"featured_media":64962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-64961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/64961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=64961"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/64961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/64962"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=64961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=64961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=64961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}