21Shares: Actively Managed Crypto ETPs Emerge as New Investment Trend, Global Active ETF Assets Near $1.8 Trillion

Gate News reports that on March 24, Duncan Moir, President of 21Shares, stated that as the crypto market evolves from simple price-tracking funds to maturity, actively managed exchange-traded products (ETPs) will become the next phase of crypto investment. Morningstar and Goldman Sachs Asset Management compiled data showing that by the end of 2025, the global assets under management in actively managed ETFs are expected to reach nearly $1.8 trillion.

Duncan Moir pointed out that crypto, as an emerging and growing asset class, is particularly suitable for active management; 21Shares combines bottom-up research on individual assets with quantitative and autonomous top-down strategy management of risk and allocation, and has expanded its investment portfolio management and trading teams. He added that after FalconX acquired 21Shares in October, the integration is expected to accelerate product development, especially in more complex product areas.

Moir said that demand for crypto ETPs and ETFs varies across regions. In Europe, where the investor base is more mature, institutions holding Bitcoin and Ethereum are seeking to further increase their crypto allocations. In this context, 21Shares recently launched a trading product linked to the Strategy preferred stock STRC in Europe, offering high-yield exposure related to the company’s Bitcoin capital strategy, and noted that the product has seen strong early demand in multiple regions.

The report mentioned that as the crypto ETP and ETF markets develop, issuers are launching more complex structures, with staking becoming a growth area. One asset management firm introduced staking into its ETP in October, while another launched a Nasdaq-listed Ethereum product with staking mechanisms in March, which recorded $15.5 million in trading volume on its first day. Moir said that 21Shares evaluates new products based on internal research, customer demand, and market trends. Using its Bitcoin and gold ETP as examples, he noted that the product has been running for four years and recently cross-listed in London.