21Shares Expands Crypto ETP Suite Amid ETF Anticipation
21Shares has launched six new crypto exchange-traded products (ETPs), positioning itself to capitalize on the growing demand for altcoin exposure. This move coincides with the U.S. regulatory shift, where nearly 100 ETF applications await approval.
Tech equities rallied pre-market, led by Nvidia’s 5% surge, lifting AI-linked stocks like AMD and Broadcom. Nasdaq 100 futures climbed 1.5%, while Asian and European markets benefited from strong earnings. The improving tech sentiment bodes well for crypto assets.
Market focus now turns to September’s employment report—a critical data point for the Fed ahead of its rate decision—despite potential distortions from government shutdowns. Meanwhile, Japan’s stimulus plans and soaring government bond yields (reaching 2008 crisis levels) underscore global macroeconomic tensions.
