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As of Feb 03, 2023
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SPETH

21Shares S&P Risk Controlled Ethereum Index ETP

As of Feb 03, 2023
Net Asset Value:
$21.48
Assets Under Management:
$107,446
YTD Return:
+19.92%
1D Change:
+3.46%
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Overview

Description

Although Ethereum is one of the best performing assets of the past decade, risk-averse investors are often wary of its price fluctuations. Historically, Ethereum's annualized volatility has hovered above 80%. The 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) provides exposure to Ethereum while attempting to smooth the volatility to a target level of 40% by tracking an underlying index. The S&P Ethereum Dynamic Rebalancing Risk Control 40% Index aims to achieve this by adjusting exposure to the S&P Ethereum Index and allocating to U.S. dollars. The index is rebalanced dynamically when the daily allocation change crosses a certain threshold.

Objective

The 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) seeks to track the investment results of the S&P Ethereum Dynamic Rebalancing Risk Control 40% Index.

Benefits

Simple

Gain access to the innovative crypto asset class without signing up for a new account. Investors can buy SPETH through their existing bank or brokerage.

Growth

Ethereum is one of the leading smart contract platforms in the crypto industry and currently is the second-largest crypto asset by market capitalization. Ethereum captures the growth of the thriving digital economy by paving the way for the emergence of Web 3 and its underlying sectors, such as decentralized finance (DeFi), games, art, media and music (NFTs).

Collateralization

21Shares holds the underlying crypto assets in cold storage equal to 100% of the value of the notes 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 S&P Risk Controlled Ethereum Index ETP
Inception DateJul 19, 2022
Issuer21Shares AG
AUM$107,446
Securities Outstanding5000
NAV$21.48
Fee2.5%
LendingNo

Ticker Symbols

Ticker
SPETH
Valor
119403857
ISIN
CH1194038571
Reuters
SPETH.S
WKN
A3G0BJ
iNAV
DE000SL0FNB4
Bloomberg
SPETH SE
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 SPETH to:

Cumulative%

As of Feb 03, 2023
NAV
1 Month
+18.42%
3 Months
+5.71%
YTD
+19.92%
Since Inception
+7.43%
Trading

Trading Information

SIX Swiss Exchange
Local Ticker
SPETH SE
Currency
USD

Underlying Assets

Ethereum
Weighting
62.96%
Quantity Per ETP
0.00812767 ($13.53)
Reference Price
$1664.23
USD Coin
Service Providers
Flow Traders
Custody
Bank Frick
Market Maker
Flow Traders
Collateral Agent
The Law Debenture Trust Corporation PLC
Jane Street
Index Guide
Ticker
SPETH
Provider
Rebalancing Frequency
Strategy
Data Aggregator

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