| 21Shares Calls for Standardized Crypto Regulations in UCITS Funds
October 7, 2024--21Shares, a leading provider of cryptocurrency exchange-traded products (ETPs), has urged the European Securities and Markets Authority (ESMA) to establish consistent regulations for the inclusion of cryptocurrencies in UCITS funds (Undertakings for the Collective Investment in Transferable Securities). |
| The firm pointed out that the current regulatory landscape for UCITS funds across Europe is fragmented, with countries like Germany allowing UCITS funds to gain exposure to cryptocurrencies, while others like Luxembourg do not.
According to CryptoSlate, Mandy Chiu, Head of Financial Product Development at 21Shares, emphasized that the lack of standardized rules across the region is limiting investment opportunities and creating instability in the market. The call for consistency comes as ESMA reviews regulations on new asset classes, while the European Union (EU) is implementing its Markets in Crypto Assets (MiCA) framework. |
| Columbia Threadneedle Investments expanding US active ETF range to Europe
May 19, 2025--A 'natural expansion' for the firm |