LIDO

LIDO

21Shares Lido DAO ETP
ISIN
CH1275043318
Investment Thesis
Factsheet
ARKB Reserves
CETH Reserves
$
5.12
Net Asset Value
As of
Nov 20, 2024

100% physically backed, the 21Shares Lido DAO ETP (LIDO) offers investors first-of-its-kind single asset exposure to Lido DAO (“Lido”), the market-leading liquid staking solution for various Proof-of-Stake (PoS) blockchains, including Ethereum and Polygon.

Available on the following banks/brokerages:
Assets Under Management:
$
2,624,899.13
YTD Return:
-64.71
%
1D Change:
-2.01
%
Staking Yield:
%
* 21Shares LLC ("The Sponsor") will waive its entire management fee for the Fund until 23 January 2025 or until assets reach $500 million, whichever occurs first.

Overview

As of
Nov 20, 2024

Description

100% physically backed, the 21Shares Lido DAO ETP (LIDO) offers investors first-of-its-kind single asset exposure to Lido DAO (“Lido”), the market-leading liquid staking solution for various Proof-of-Stake (PoS) blockchains, including Ethereum and Polygon.

Disclaimer

Benefits

Capture staking growth

Lido DAO is the market-leading liquid staking solution for various Proof-of-Stake (PoS) blockchains allowing users to conveniently stake their cryptoassets. DeFi staking has gained significant traction since 2020, particularly after the Ethereum Shanghai upgrade.

Easy and familiar

Adding crypto to your portfolio doesn’t need to be complicated. Invest with your existing advisor or brokerage platform and keep your assets in one place.

100% physically backed

LIDO is 100% physically backed by the underlying LDO and kept in cold storage by an institutional-grade custodian, offering greater protection than custody options available to individual investors.

*updated on the 1st of each month

Carbon Neutral

21Shares has participated in carbon offset schemes since 2018. Our commitment involves offsetting our carbon footprint through green initiatives, like cleaner power generation, reforestation efforts, and coral reef protection, all geared towards safeguarding the planet for future generations.

Key Information

Name
21Shares Lido DAO ETP
Type
Digital Asset ETF
Primary Exchange
Cboe BZX Exchange, Inc.
Inception Date
Jun 9, 2023
Sponsor
21Shares US LLC
Fund Custodan
Copper Technologies (Switzerland) AG
Marketing Agent
Foreside Global Services LLC
Issuer
21Shares AG
AUM
$
2,624,899.13
Securities Outstanding
512500
NAV per Unit
$
5.12
Net Assets
$
2,624,899.13
Sales Services
Resolute Investment Distributors, Inc.
-
Fee
0.00
2.50
%
Lending Eligible
No
Yes

Ticker Symbols

Ticker
LIDO
Copied text!
Valor
127504331
Copied text!
ISIN
CH1275043318
Copied text!
Cusip
04071F102
Copied text!
Cusip
409191022
Copied text!
Reuters
LIDO.S
Copied text!
WKN
A3G6BU
Copied text!
iNAV
DE000SL0JLX4
Copied text!
Bloomberg
LIDO BW
Copied text!

Underlying Assets

As of
Nov 20, 2024
Currency
Allocation
Coin entitlement
Reference Price

Performance

All
7d
1m
3m
ytd
1y
Year

Market data provided by Alpha Vantage and CryptoCompare. Not investment advice, for informational purposes only. Historical performance is not an indication of future performance.

Compare LIDO to:
Bitcoin
S&P 500
Euro Stoxx
NAV and Market Price
NAV
$
-
NAV Change
-
Median Bid/Ask Spread (30 Day)
%
Market Price
-
Market Price Change
-

Cumulative%

As of
Nov 20, 2024
Period:
1 month
3 months
ytd
Since Inception
NAV:
1.35
%
3.91
%
-64.71
%
-48.78
%

Additional Information

Trading

Exchange
Local Ticker
currency
Exchange
Local Ticker
currency
test
test
test

Service Providers

Authorized Participants
Bluefin Europe LLP, DRW Holdings, Flow Traders, GHCO, Jane Street, L&S, Nyenburgh, Virtu Financial Ireland Limited
Collateral Agent
The Law Debenture Trust Corporation PLC
Market Maker
Flow Traders
Custody
Copper Technologies (Switzerland) AG

How to invest: A step by step guide

Step 1
Choose from the list of bank/broker platforms below to begin
Chevron
Step 2
Select the number of ETP shares you wish to purchase and specify the order type (market order, limit order, stop loss, etc.).*
Step 3
Review your order to ensure accuracy and confirm the trade
Step 4
After the ETP order is executed, you can track the investment's performance through your brokerage account
*It is important to note that market orders will execute at the current market price, while limit orders allow investors to set a specific price at which to buy or sell the ETP.

Why 21Shares

01

Innovative Products

Unlock the future of investment with the world's first and largest range of crypto ETPs, enhancing the security and accessibility of digital asset investment.

02

Trusted Expertise

Invest with confidence as you explore the crypto space with our team of blockchain and financial industry experts, providing valuable market insights and ensuring compliance throughout your investment journey.

03

Unmatched Accessibility

Experience broad access to the crypto markets through our extensive product range, offering seamless trading on global exchanges and brokers.

Underlying Assets

As of
Nov 20, 2024
Currency
Allocation
Coin entitlement
Reference Price
Bitcoin
61.92%
0.0000045674
32455.09
LBMA Gold Price