Crypto firm 21Shares lists bitcoin ETP on Nasdaq Dubai

The manufacturer of cryptocurrency investment products announced on Wednesday

that one of its subsidiaries, 21Shares AG, had listed a bitcoin exchange-traded product on Nasdaq Dubai, making it the first physically-backed bitcoin ETP in the Middle East.

According to a statement from, the 21Shares Bitcoin ETP trades similarly to the 21Shares Bitcoin ETP in Europe under the ticker ABTC.

Binance, which went on a UAE hiring spree this year and is assisting in forming the virtual assets legislation in the Middle East commercial centre

one of the major industry players that have been drawn to Dubai because of its ambitions to become a worldwide hub for cryptocurrencies.

After the Dubai listing, 21Shares now has 46 listed items in seven nations, according to


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