Valour, a subsidiary of DeFi Technologies, has announced its intention to introduce 20 new crypto exchange-traded products (ETPs). These offerings will include collaborations with various foundations and will encompass thematic baskets, short and long-leverage products. All the ETPs will be based on active crypto investment strategies and are subject to exchange approval.
Expanding Valour’s Product Range
Valour’s existing product range already includes a variety of crypto ETPs with low management fees. Some of the tokens supported by Valour include Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), and Binance (BNB).
The addition of these 20 new crypto ETPs is a testament to Valour’s successful progress in both market shares and assets under management. Last month, Valour’s market share on a Swedish exchange increased from 28% in October to an impressive 42.71% in November, representing a remarkable 52.54% month-over-month growth. Johanna Belitz, Head of Nordics at Valour, stated, “This success reflects our commitment to developing offerings that align with investor interests in the Nordics, and we are proud to contribute to a more accessible and dynamic financial ecosystem.”
The Rise of Crypto ETPs
The popularity of crypto-based ETPs continues to surge. According to a recent report by the digital asset platform Fineqia, these ETPs experienced a 91% increase from January 2023. This growth outpaced the already fast-growing crypto market rally by 30% during the same period. As of June, there were 166 crypto ETPs and ETFs listed globally by 35 providers, on 20 exchanges, in 16 countries.
Notably, established companies such as Blackrock, Fidelity, Invesco, and WisdomTree have also begun to generate hype around crypto ETPs in order to attract investors.
“We are proud to contribute to a more accessible and dynamic financial ecosystem.”
– Johanna Belitz, Head of Nordics, Valour
