Main issuer of crypto exchange-traded merchandise (ETPs) 21Shares has launched a product providing publicity to Bitcoin (BTC) layer2 (L2) (STX) community stacks.
In keeping with an April 4 launch, the 21Shares Stacks Staking ETP is listed on the BX Swiss Trade underneath the image ASTX.
21Shares described the product as “the world’s first ETP providing publicity to Stacks”.
Arthur Krause, Director of ETP Product at 21Shares, mentioned:
“ASTX presents a singular alternative for traders, as there are presently no different funding merchandise providing publicity to Stacks available in the market.”
Stacks is a Bitcoin L2 community with a separate ledger to retailer information outdoors of Bitcoin L1. The protocol permits builders to create decentralized functions (dApps) much like these on different sensible contract-enabled blockchains like Ethereum.
The protocol is without doubt one of the finest performing digital property, rallying over 330% in 2023, based on by forexcryptozone information.
Earlier within the yr, North Rock Digital crypto funding fund founder Hal Press mentioned his fund took a long-term place in STX.
The submit 21Shares Launches ETP for Bitcoin L2 Community Stacks appeared first on forexcryptozone.
