21Shares President: Actively Managed Crypto ETF/ETP Could Be the Next Evolutionary Step

BlockBeats News, March 25, Duncan Moir, President of the cryptocurrency asset management company 21Shares, stated that as the market matures, actively managed crypto ETF/ETP products may become the next stage of development, rather than just passive products tracking prices. Moir noted that current institutional demand is changing, with U.S. investors still mainly focused on mainstream assets like Bitcoin and Ethereum, while European institutions are more interested in emerging tokens and application-layer projects. 21Shares recently launched an ETP product in Europe tied to Strategy Priority Share STRC, stating that there is a growing market demand for yield-generating crypto-related assets. (Cointelegraph)