Key Takeaways21Shares debuts the first exchange-traded product (ETP) tracking dYdX (DYDX) on Euronext Paris and Amsterdam. The product offers institutional access to DeFi derivatives, with staking and auto-compounding to follow. Launch aligns with rising global demand for crypto derivatives, highlighted by Cboe, Kraken, and Bitget expansions. First ETP for DeFi Perpetuals ProtocolSwiss-based 21Shares, one of Europe’s largest crypto ETP issuers, has launched the first fund tied to dYdX’s native token (DYDX), offering institutional investors exposure to one of DeFi’s most active derivatives platforms
source: https://www.binance.com/en/square/post/29553722622689?utm_source=BinanceNewsRSS