21Shares announced a reduction in the management fee for its Bitcoin Ethereum Core ETP ABBA and listed it on Xetra

ChainCatcher news, according to Globenewswire, one of the world's largest cryptocurrency exchange-traded product (ETP) issuers, 21Shares AG, announced a reduction in the management fee of its Bitcoin Ethereum Core ETP (ABBA) to 0.49%, and it will be listed on the Deutsche Börse's Xetra platform.

This fee adjustment will take effect on March 12, 2025, aiming to provide a more cost-effective cryptocurrency investment solution for a broader range of investors. The ABBA product is physically backed by Bitcoin and Ethereum, offering investors an efficient way to gain exposure to these two major cryptocurrencies.