Crypto ETP provider 21shares has successfully transitioned the underlying index provider for a broad segment of its European single-asset product suite to Kaiko Indices, an independent BMR-registered benchmark administrator, meeting the highest compliance requirements for institutional product issuance.

This strategic transition allows 21shares to leverage Kaiko’s specialised expertise in deep data for emerging protocols and “long-tail” assets. By utilizing Kaiko Indices’ methodology, specifically designed to navigate crypto markets inherently fragmented liquidity, 21shares ensures its ETPs maintain the highest level of pricing accuracy available in the market.

The operational…