21Shares Introduces Stacks ETP for Institutional Investors

21Shares has unveiled a new exchange-traded product (ETP) focused on Stacks (STX), providing investors with an opportunity to engage with the cryptocurrency without the need to manage blockchain infrastructure. According to NS3.AI, the ETP, named ASTX, is designed to automatically reinvest staking rewards, thereby increasing the potential for yield accumulation. This offering is particularly aimed at institutional investors and brokerage account holders who seek convenient access to STX and its associated staking benefits.