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21Shares Algorand ETP

As of Feb 28, 2024
Net Asset Value:
$2.29
As of Feb 28, 2024
Net Asset Value:
$2.29
100% physically backed, the 21Shares Algorand ETP (ALGO) tracks the performance of Algo tokens. With its superior transaction speeds, Algorand is well-suited to support a wide range of use cases. It is also the only blockchain to achieve and maintain carbon-negativity since 2021. The 21Shares Algorand ETP provides investors with a regulated vehicle for simple and secure participation in the growth of the Algorand network.
Assets Under Management:
$3,536,106
YTD Return:
+4.77%
1D Change:
+7.97%
Contact Sales
Overview

100% physically backed, the 21Shares Algorand ETP (ALGO) tracks the performance of Algo tokens. With its superior transaction speeds, Algorand is well-suited to support a wide range of use cases. It is also the only blockchain to achieve and maintain carbon-negativity since 2021. The 21Shares Algorand ETP provides investors with a regulated vehicle for simple and secure participation in the growth of the Algorand network.

Benefits

Fast transactions, low fees

Algorand leverages a mechanism that prioritizes fast transaction speeds at low fees. The network is designed to deliver a frictionless user experience similar to Web2. This focus on ease strengthens its growth potential as the ecosystem looks to onboard the next generation of blockchain users.

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

The 21Shares Algorand ETP is 100% physically backed by the underlying Algo tokens and kept in cold storage by an institutional-grade custodian, offering greater protection than custody options available to individual investors.

Carbon Neutral

Since 2018, 21Shares has been fully carbon-neutral. 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.

Underlying Assets

As of Feb 28, 2024

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 28, 2024
NAV
1 Month
+31.12%
3 Months
+60.48%
YTD
+4.77%
Since Inception
-88.32%
Trading

Trading Information

Euronext Paris
Local Ticker
ALGO FP
Currency
EUR
Euronext Amsterdam
Deutsche Boerse Xetra
SIX Swiss Exchange
Service Providers
Authorized Particiants
Flow Traders
Jane Street
Bluefin Europe LLP
DRW Holdings
Nyenburgh
Virtu Financial Ireland Limited
L&S
GHCO
Custody
Market Maker
Collateral Agent

How to invest: A step by step guide

Everything you need to know to invest in our products at 21shares.
1
Search for a specific ETP by using its ticker symbol, ISIN or name on the bank/broker platform
2
Select the number of ETP shares you wish to purchase and specify the order type (market order, limit order, stop loss, etc.)
3
Review your order to ensure accuracy and confirm the trade
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 current market price, while limit orders allow investors to set a specific price at which to buy or sell the ETP.

Easy to buy through your bank or brokerage.
Buy 21Shares ETPs with no special set up using the account you already have.