Societe Generale Partners with 21Shares to Enhance Institutional Access to Bitcoin and Ethereum ETPs

Societe Generale's collaboration with 21Shares aims to boost liquidity for Bitcoin and Ethereum ETPs, improving access for institutional investors in Europe.

BTC
ETH

Summary

Societe Generale has partnered with 21Shares to provide liquidity for its cryptocurrency exchange-traded products (ETPs) across European markets. This partnership will enhance execution and access to Bitcoin and Ethereum ETPs for institutional investors, particularly in Germany and Eastern Europe. Societe Generale will offer over-the-counter (OTC) liquidity to support trading of 21Shares' funds, including ABTC and AETH, marking a significant commitment to blockchain initiatives.

Terms & Concepts
  • ETP: Exchange-Traded Product, a security that tracks an underlying asset or index, allowing investors to trade it on an exchange.
  • Bitcoin: A decentralized digital currency that enables peer-to-peer transactions over a blockchain.
  • Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps).