Valour, a Swiss Crypto Company, Plans to Launch 20 New Crypto ETPs by 2024

Valour to Launch 20 New Crypto ETPs in 2024

Valour, a subsidiary of DeFi Technologies, has announced its plans to introduce 20 new crypto exchange-traded products (ETPs). These offerings will include collaborations with foundations, thematic baskets, and short and long-leverage products. The ETPs will be based on active crypto investment strategies and are awaiting exchange approval.

Valour has been making significant progress in the market. Last month, the firm revealed its plans to launch a Ripple (XRP) ETP on a European exchange in December. Valour already offers a range of crypto ETPs with low management fees, including tokens like Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), and Binance (BNB).

Valour’s Market Share Growth

Valour’s market share on the Swedish exchange has seen impressive growth, increasing from 28% in October to 42.71% in November. This represents a 52.54% increase in market share month over month. Johanna Belitz, Head of Nordics at Valour, stated that this success reflects their commitment to developing offerings that align with investor interests.

Global Crypto ETP Growth

A recent report by Fineqia revealed that crypto-based ETPs experienced a 91% increase from January 2023, outpacing the overall growth of the crypto market by 30%. Currently, there are 166 crypto ETPs and ETFs listed globally by various providers on different exchanges in multiple countries. Companies like Blackrock, Fidelity, Invesco, and WisdomTree have also shown interest in attracting investors to crypto ETPs.

Hot Take: Expanding Crypto ETP Market

Valour’s plans to introduce 20 new crypto ETPs in 2024 demonstrate the growing demand for diversified investment options in the crypto market. With collaborations, thematic baskets, and leveraged products, these offerings aim to provide investors with more opportunities to participate in the crypto space. As the market continues to evolve, we can expect more companies and financial institutions to enter the crypto ETP market, further expanding its reach and appeal.