PYTH
100% physically backed by PYTH, the native token powering the Pyth Network, the 21Shares Pyth Network ETP (PYTH) tracks the performance of PYTH. This ETP provides investors with a regulated and transparent way to gain exposure to the rapidly evolving decentralized oracle network that delivers high-frequency, real-time market data to blockchains, addressing critical inefficiencies in blockchain data accessibility.
Overview
Description
100% physically backed by PYTH, the native token powering the Pyth Network, the 21Shares Pyth Network ETP (PYTH) tracks the performance of PYTH. This ETP provides investors with a regulated and transparent way to gain exposure to the rapidly evolving decentralized oracle network that delivers high-frequency, real-time market data to blockchains, addressing critical inefficiencies in blockchain data accessibility.
Disclaimer
Benefits
Powering DeFi with Real-Time Market Data
The Pyth Network delivers real-time, institutional-grade market data to isolated blockchains, bridging traditional finance and decentralized networks. This fuels DeFi innovation, strengthens smart contracts, and drives blockchain interoperability.
Institutional-Grade Reliability
Pyth Network is backed by leading institutional players such as Jane Street, Jump Trading, and Flow Traders, ensuring a robust and trustworthy ecosystem that delivers high-fidelity market data to power decentralized finance and smart contract applications.
100% physically backed
The 21Shares Pyth Network ETP is 100% physically backed by the underlying digital assets which are kept in cold storage by an institutional-grade custodian, offering greater protection than custody options available to individual investors.
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.
Documents
Key Information
Ticker Symbols
Performance
Market data provided by Alpha Vantage and CryptoCompare. Not investment advice, for informational purposes only. Historical performance is not an indication of future performance.
Cumulative%
Additional Information
Trading
Service Providers
How to invest: A step by step guide
Why 21Shares
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.
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.
Unmatched Accessibility
Experience broad access to the crypto markets through our extensive product range, offering seamless trading on global exchanges and brokers.
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