Valour, a subsidiary of DeFi Technologies, has unveiled its intention to launch 20 new crypto exchange-traded products (ETPs). The planned offerings encompass collaborations with foundations, thematic baskets, as well as short and long-leverage products.
These ETPs will be built on active crypto investment strategies, contingent on approval from exchanges, as stated in the announcement. In addition to these plans, last month, Valour announced its intention to launch a Ripple (XRP) ETP on a European exchange in December. Valour’s existing product range already includes various crypto ETPs with low management fees, supporting tokens like Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), and Binance (BNB).
Valour has experienced significant success in terms of market shares and assets under management, coinciding with its announcement of launching 20 new crypto exchange-traded products (ETPs).
In the Swedish exchange, Valour’s market share has surged from 28% in October to an impressive 42.71% as of November, representing a remarkable 52.54% increase in market share month-over-month.
Johanna Belitz, Head of Nordics at Valour, attributed this success to their commitment to developing offerings aligned with investor interests in the Nordics. She stated, “We are proud to contribute to a more accessible and dynamic financial ecosystem.”
Earlier achievements for Valour include the launch of an Ethereum Physical Staking ETP (1VET) in August, listed on the Deutsche Boerse with a total expense ratio of 1.49%. This marked the company’s second Ethereum ETP following the launch of Valour Ethereum Zero in December 2021. Additionally, in June, Valour introduced the Bitcoin Carbon Neutral ETP (1VBT).
Global Crypto ETP Growth
A recent report from the digital asset platform Fineqia highlighted a notable surge in crypto-based Exchange-Traded Products (ETPs), with a remarkable 91% increase recorded from January 2023. This growth has outpaced the already rapid expansion of the broader crypto market rally by an additional 30% during the same period.
As of June, the global landscape featured 166 crypto ETPs and ETFs listed by 35 providers across 20 exchanges and spanning 16 countries. Major financial players such as BlackRock, Fidelity, Invesco, and WisdomTree have actively contributed to the growing enthusiasm surrounding crypto ETPs, leveraging their influence to attract investors to these investment products.