21Shares Expands Crypto ETP Lineup with dYdX
In a groundbreaking move, 21Shares, a leading name in crypto exchange-traded products (ETPs), has unveiled its latest product: the first-ever dYdX ETP listed on Euronext Paris and Amsterdam. This new offering is paving the way for more regulated access to the decentralized finance (DeFi) ecosystem for European investors.
What is dYdX and Why Does It Matter?
dYdX is a decentralized exchange that focuses on perpetual futures, one of the most innovative trading instruments in the crypto world. With over $1.5 trillion in cumulative trading volume and more than 20% of global decentralized perpetual trading, dYdX has solidified itself as a cornerstone of DeFi. The platform currently boasts a staggering $7.7 billion in July 2025 trading volume and attracts over 15,000 weekly active traders.
This level of activity underscores dYdX’s growing importance in the decentralized derivatives market. Its unique business model, built around recurring USDC payouts to users, aligns the protocol’s incentives with traders while delivering tangible value.
Diving Into the New dYdX ETP
The new DYDX ETP, launched under the ticker DYDX, is 100% physically backed. This ensures that professional investors using standard banking or brokerage accounts can now securely gain exposure to the dYdX token without directly navigating the complexities of the crypto market.
This ETP brings several unique benefits, including:
- Regulated Access: A fully compliant and regulated gateway to DeFi investments.
- Institutional Appeal: Designed to bridge the gap between traditional finance and decentralized derivatives markets.
- Secure Custody: Bank and brokerage investors can seamlessly invest in DYDX with well-established custody options.
According to Mandy Chiu, Head of Financial Product Development at 21Shares, “dYdX was a natural fit for our product lineup because of its unique approach to decentralized perpetuals.”
Why This Matters for the Future of Crypto Investment
The addition of dYdX to 21Shares’ growing portfolio of 48 crypto ETPs, which accounts for $11 billion of assets under management (AUM), demonstrates the rising institutional demand for DeFi assets. As Europe continues to enhance its cryptocurrency investment infrastructure, regulated products like DYDX ETP are key to fostering institutional adoption and professional participation.
This launch also comes at a pivotal moment as the market sees increasing interest in perpetual futures and decentralized derivatives. With traditional financial institutions exploring avenues to engage with blockchain projects, ETPs like DYDX offer the much-needed bridge.
Explore Crypto Investment with Ease
For those looking to diversify their portfolios with cutting-edge blockchain projects, the 21Shares DYDX ETP is a top solution. Whether you’re a professional investor or new to the DeFi landscape, this product provides a secure, regulated, and straightforward way to monetize one of DeFi’s most traded assets.
Additional Recommendations
To complement your investment journey, consider exploring Ledger for secure crypto storage. Their trusted solutions for safeguarding digital assets ensure your investments remain secure while you navigate the dynamic world of decentralized finance.
