21Shares expanded its crypto offerings in Europe with the launch of two new exchange-traded products on the SIX Swiss Exchange: ASUI and XDCN. 21Shares has just announced the launch of two new crypto exchange-traded products on the SIX Swiss Exchange:…21Shares expanded its crypto offerings in Europe with the launch of two new exchange-traded products on the SIX Swiss Exchange: ASUI and XDCN. 21Shares has just announced the launch of two new crypto exchange-traded products on the SIX Swiss Exchange:…

21Shares launches XDC Network ETP and Sui Staking ETP on SIX Swiss Exchange

21Shares expanded its crypto offerings in Europe with the launch of two new exchange-traded products on the SIX Swiss Exchange: ASUI and XDCN.

Summary
  • ASUI offers staking exposure to SUI with risk management, while XDCN provides direct exposure to XDC price performance.
  • The listings on SIX Swiss Exchange complement existing presence on Euronext Amsterdam and Paris.
  • Increased accessibility for investors could boost demand, potentially pushing XDC and SUI tokens’ prices higher.

21Shares has just announced the launch of two new crypto exchange-traded products on the SIX Swiss Exchange: the 21Shares XDC Network ETP (XDCN) and the 21Shares Sui Staking ETP (ASUI).

ASUI is 100% physically backed by SUI tokens and tracks the performance of the Sui (SUI) blockchain. As of August 13, ASUI had a Net Asset Value of $113.32, AUM of $200.59 million, a YTD return of -16.39%, and a 30-day average staking yield of 1.48%. The product allows investors to access staking rewards with professional risk management, avoiding the need to directly lock assets, with tokens secured in institutional-grade cold storage.

Like ASUI, XDCN is fully backed by the underlying crypto assets, with custody managed through institutional-grade security to ensure asset safety. It provides exposure to XDC and has a NAV of $27.26, AUM of $30.67 million, and a YTD return of 36.30%. Unlike ASUI, XDCN is not a staking product. It offers direct exposure to the price performance of XDC without additional yield from staking. 

Could these listings boost XDC and SUI prices?

The listings of these financial products on the SIX Swiss Exchange add to their existing presence on Euronext Amsterdam and Euronext Paris.

This is a big step for both XDC and SUI as listing on additional exchanges, especially regulated ones like the SIX Swiss Exchange, increases accessibility for a wider pool of investors, potentially boosting demand and pushing the tokens’ prices higher.

Currently, XDC is trading at $0.08981 and SUI at $3.93, but earlier projections from crypto.news here and here suggest both could rise in the near term.

Market Opportunity
SIX Logo
SIX Price(SIX)
$0.01233
$0.01233$0.01233
+0.08%
USD
SIX (SIX) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Onyxcoin Price Breakout Coming — Is a 38% Move Next?

Onyxcoin Price Breakout Coming — Is a 38% Move Next?

The post Onyxcoin Price Breakout Coming — Is a 38% Move Next? appeared on BitcoinEthereumNews.com. Onyxcoin price action has entered a tense standoff between bulls
Share
BitcoinEthereumNews2026/01/14 00:33
Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50