Swiss crypto ETP (exchange-traded product) provider 21Shares announced on the 20th that it has listed two physically backed ETPs in Europe, each tracking a token: “LIT” from decentralized exchange Lighter and “VVV” from AI platform Venice. Both can be bought and sold through ordinary brokerage accounts.

The products are named “LIHT” for the Lighter-linked offering and “VENC” for the Venice-linked one. LIHT listed on Deutsche Börse’s Xetra with two trading lines, one in euros and one in US dollars, while VENC listed on the SIX Swiss Exchange in US dollars. The annual management fee for both is set at 2.50%. Deutsche Börse also confirmed the listing with the 20th as LIHT’s first trading day, and the two lines share the same ISIN…