21Shares Launches Bitcoin-Backed ETP on Euronext Amsterdam
21Shares has launched its Strategy Yield ETP (STRC) on February 26, 2026, on the Euronext Amsterdam, providing European investors with structured exposure to a bitcoin-backed investment vehicle from Strategy Inc.
The listing represents a significant entry into the European investment landscape for 21Shares, marking its first equity-linked product that offers regulated access to bitcoin-backed securities. The product provides an 11.25% yield, delivered monthly in cash and tax-deferred, enabling investors to engage with the growing intersection of traditional finance and cryptocurrency.
Expansion Beyond Crypto Tokens
With this launch, 21Shares is broadening its European market reach beyond merely offering direct cryptocurrency token ETPs. This strategic move aligns with the European Economic Area’s Prospectus Regulation (EU) 2017/1129 and follows recent success with cross-listings of various ETPs on Nasdaq Stockholm. The company has expanded its portfolio there, increasing its total assets under management towards $8 billion according to reports.
The Strategy Yield ETP is positioned uniquely as it offers exposure to a preferred securities class from Strategy Inc., which, as noted by President and CEO Phong Le, combines the potential for bitcoin upside with traditional credit stability. The structured framework of this ETP provides investors with a diversified financial instrument that caters to the current demand for regulated digital asset products in Europe.
Market Trends and Regulatory Environment
The demand for blockchain-enabled financial products in the European market underscores an evolving regulatory landscape that now emphasizes compliance and investor protection. The launch of the Strategy Yield ETP comes at a time of increasing interest in financial instruments that can deliver robust returns amid a challenging market environment.
Experts predict that as regulatory clarity intensifies, coupled with a growing acceptance of digital assets, there will be further expansion in cryptocurrency-related investments. The development of products like the Strategy Yield ETP is expected to attract more institutional and retail investors who are looking for viable ways to diversify their portfolios.
