According to PANews, 21Shares has announced a reduction in the management fees for its Bitcoin and Ethereum Core ETP (ABBA) to 0.49%. This change took effect on March 12, 2025, coinciding with its listing on the Deutsche Börse Xetra platform. The fee adjustment aims to lower the investment threshold, providing more efficient investment opportunities in Bitcoin and Ethereum for a broader range of investors.
ABBA is a fully Bitcoin and Ethereum-backed exchange-traded product. The fee reduction enhances its appeal as a dual-currency investment tool. Additionally, the listing on Xetra is expected to offer European investors increased liquidity, transparency, and convenience, thereby strengthening 21Shares' presence in the European market.
