21Shares S&P Risk Controlled Ethereum Index ETP
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.
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.
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.
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).
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.
|Name||21Shares S&P Risk Controlled Ethereum Index ETP|
|Inception Date||Jul 19, 2022|