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As of Sep 22, 2023
LIDO product icon

LIDO

21Shares Lido DAO ETP

As of Sep 22, 2023
Net Asset Value:
$6.72
Assets Under Management:
$1,729,700
YTD Return:
-32.83%
1D Change:
-0.82%
Contact Sales
Overview

Description

The 21Shares Lido DAO ETP (Ticker: LIDO) seeks to track the investment results of Lido DAO.

Objective

LIDO is designed to give investors an easy and accessible way to invest in Lido DAO, a liquid staking solution for various Proof-of- Stake (PoS) blockchains, including Ethereum, Polygon, and Solana. With Lido DAO, it is possible to deposit any amount of the native cryptocurrencies in return for an equivalent amount of stTokens that accrue staking rewards, while still being able to further utilize stTokens in decentralized finance applications.

Benefits

Securitization

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

Simplicity

Plain vanilla structure with performance directly linked to Lido DAO without leverage.

Full Collaterilization

21Shares holds the underlying crypto assets (including all staked assets) in cold storage equal to 100% of the value of the ETP at all times.

Institutional Grade Security

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 Lido DAO ETP
Inception DateJun 09, 2023
Issuer21Shares AG
AUM$1,729,700
Securities Outstanding257500
NAV$6.72
Fee2.5%
Lending EligibleNo

Ticker Symbols

Ticker
LIDO
Valor
127504331
ISIN
CH1275043318
Reuters
LIDO.S
WKN
iNAV
DE000SL0JLX4
Bloomberg
LIDO BW
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 LIDO to:

Cumulative%

As of Sep 22, 2023
NAV
1 Month
-9.87%
3 Months
-23.28%
YTD
-32.83%
Since Inception
-32.83%
Trading

Trading Information

Euronext Amsterdam
Local Ticker
LIDO NA
Currency
USD
Euronext Paris
BX Swiss

Underlying Assets

Lido DAO
Weighting
100.00%
Quantity Per ETP
4.49825905 ($6.72)
Reference Price
$1.49
Service Providers
Authorized Participants
Flow Traders
Jane Street
Custody
Market Maker
Collateral Agent

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