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As of Feb 03, 2023
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ALGO

21Shares Algorand ETP

As of Feb 03, 2023
Net Asset Value:
$2.90
Assets Under Management:
$1,348,163
YTD Return:
+48.92%
1D Change:
+14.83%
Contact Sales
Overview

Description

The 21Shares Algorand ETP (Ticker: ALGO) seeks to track the investment results of Algorand.

Objective

ALGO is designed to give investors the easiest and safest way to invest in Algorand, the secure, scalable and decentralized platform that supports smart contract functionality.

Benefits

Securitization

21Shares ETP is accessible like stocks on a major exchange with no special set up needed.

Simplicity

Plain vanilla structure with performance directly linked to Algorand without leverage.

Collateralization

21Shares holds the underlying crypto assets in cold storage equal to 100% of the value of the notes at all times.

Safety

Institutional grade security and custody solution using a variety of safety measures including cold-storage, multiple private keys, whitelisting and audit trails.

Details

Key Information

Name21Shares Algorand ETP
Inception DateNov 22, 2021
Issuer21Shares AG
AUM$1,348,163
Securities Outstanding465000
NAV$2.90
Fee2.5%
LendingNo

Ticker Symbols

Ticker
ALGO
Valor
114688231
ISIN
CH1146882316
Reuters
ALGO.S
WKN
A3GVVU
iNAV
DE000SL0DWN5
Bloomberg
ALGO.SW
Performance
1M
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 ALGO to:

Cumulative%

As of Feb 03, 2023
NAV
1 Month
+46.39%
3 Months
-39.09%
YTD
+48.92%
Since Inception
-85.2%
Trading

Trading Information

SIX Swiss Exchange
Local Ticker
ALGO SEALGOCHF SE
Currency
USDCHF
Deutsche Boerse Xetra
Euronext Amsterdam
Euronext Paris

Underlying Assets

Algorand
Weighting
100.00%
Quantity Per ETP
10.71204301 ($2.90)
Reference Price
$0.27
Service Providers
Flow Traders
Custody
Coinbase Custody Trust Company, LLC
Market Maker
Flow Traders
Collateral Agent
The Law Debenture Trust Corporation PLC
Jane Street
Bluefin Europe LLP
DRW Holdings
Nyenburgh
Virtu Financial Ireland Limited

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