21Shares launches Ethereum ETP for bear markets

Chain Catcher news, cryptocurrency asset management company 21Shares announced the addition of new products to its Crypto Winter Suite: 21Shares Short Ethereum ETP (SHETH) and Ethereum Core ETP (CETH). SHETH provides short exposure to Ethereum, while CETH seeks to offer low-cost exposure to Ethereum investments. The total expense ratio for the product is 0.21%.

Previously reported, on June 29, 21Shares announced the launch of the Crypto Winter Suite, a product designed to help investors navigate bear markets, aimed at meeting the needs of investors looking to buy the dip and generate maximum potential long-term returns. The first investment product introduced in the suite is the 21Shares Bitcoin Core ETP (CBTC). (The Block)