21Shares Launches New dYdX ETP on Euronext Paris and Amsterdam

21Shares AG, a leading provider of cryptocurrency exchange-traded products (ETPs), has expanded its European offerings with the launch of the 21Shares dYdX ETP on the Euronext Paris and Euronext Amsterdam exchanges. The new product, designated by the ticker DYDX, carries a management fee of 2.5%. This expansion brings the total number of cryptocurrency ETPs offered by 21Shares in Europe to 48. The dYdX ETP is fully backed by physical assets and is designed to track the performance of the dYdX token.