Crypto exchange-traded product (ETP) supplier 21Shares has launched a brand new funding product giving European traders entry to a most popular inventory issued by Michael Saylor’s Technique, the world’s largest public holder of Bitcoin.
The asset supervisor will checklist its 21Shares Technique Yield ETP underneath the ticker “STRC NA” on Euronext Amsterdam on Thursday, the corporate mentioned Wednesday.
The ETP is obtainable to institutional and retail traders, providing a dividend backed by Technique’s Bitcoin (BTC) treasury, which at the moment holds 717,722 BTC, valued at round $47 billion. With dividends set at a variable 11.25% annualized fee, the ETP represents one of many earliest structured, BTC-backed company securities accessible to European traders.
How the STRC ETP Works
The 21Shares Technique Yield ETP with publicity to Technique’s most popular inventory STRC, formally generally known as Variable Charge Collection A Perpetual “Stretch” Most popular Inventory, which is designed to behave as a “cash-flow bridge” between conventional finance and Technique’s Bitcoin treasury.
21Shares mentioned the ETP construction is meant to make the instrument simpler to entry for European traders via customary brokerage accounts, moderately than requiring traders to purchase the popular shares instantly.
“By combining excessive revenue potential with a well-recognized alternate traded construction, STRC provides each institutional and retail traders an environment friendly and accessible approach so as to add yield to their portfolios,” 21shares president Duncan Moir mentioned.
21Shares enters equity-linked ETPs
The corporate positioned the launch as its first equity-linked product, increasing past its conventional lineup of crypto-only ETPs, Moir famous.
He added that the transfer displays the corporate’s broader mission to offer accessible publicity to digital belongings.
“Since our inception, we’ve targeted on offering easy entry to digital belongings,” Moir mentioned. “With this product, we’re extending that experience into equity-linked publicity tied to the Bitcoin ecosystem,” he added.
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Working since 2018, 21Shares is likely one of the largest crypto ETP suppliers globally, managing roughly $5.3 billion throughout 60 ETPs on 13 exchanges as of Feb. 23, 2026.
The corporate has continued its world growth, launching a brand new exchange-traded fund within the US on Tuesday: the 21Shares Spot SUI ETF (TSUI), which has began buying and selling on the Nasdaq.
This follows a sequence of ETP launches by 21Shares, as asset managers proceed to broaden the menu of regulated merchandise tied to crypto markets for each institutional and retail traders.
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