{"id":37603,"date":"2026-10-20T09:40:11","date_gmt":"2026-10-20T09:40:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/21shares-launches-lighter-venice-crypto-etps-in-europe\/"},"modified":"2026-10-20T09:40:28","modified_gmt":"2026-10-20T09:40:28","slug":"21shares-launches-lighter-venice-crypto-etps-in-europe","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/21shares-launches-lighter-venice-crypto-etps-in-europe\/","title":{"rendered":"21shares launches Lighter, Venice crypto ETPs in Europe"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">21shares has launched two physically backed cryptocurrency exchange-traded products in Europe, offering investors exposure to Lighter\u2019s LIT token and Venice\u2019s VVV token through conventional brokerage accounts.<\/p>\n<div id=\"cn-block-summary-block_1612a72e7bc86160acf5edaca4662436\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>21shares launched two physically backed crypto ETPs tracking Lighter (LIT) and Venice Token (VVV) on October 20.<\/li>\n<li>LIHT trades on Deutsche B\u00f6rse Xetra, while VENC is listed on SIX Swiss Exchange. Both charge a 2.50% annual fee.<\/li>\n<li>The products offer brokerage-account exposure to decentralized derivatives trading and privacy-focused AI without requiring investors to manage tokens directly.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>As per the company\u2019s October 20 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/10\/20\/3384041\/0\/en\/21shares-expands-digital-asset-lineup-with-launch-of-lighter-etp-liht-and-venice-token-etp-venc.html\" target=\"_blank\">announcement<\/a>, the 21shares Lighter ETP trades under LIHT on Deutsche B\u00f6rse Xetra, while the 21shares Venice Token ETP, VENC, is listed on Switzerland\u2019s SIX exchange. Both products carry a 2.50% annual fee and are backed by their respective underlying cryptocurrencies.<\/p>\n<p>Meanwhile, the listings introduce exchange-traded exposure to two different crypto businesses: Lighter\u2019s decentralized perpetual futures platform and Venice\u2019s privacy-focused artificial intelligence services.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Lighter ETP begins trading on Xetra<\/strong><\/h2>\n<p>The Lighter product tracks LIT, the native token of a decentralized exchange that supports perpetual futures trading across cryptocurrencies and other markets.<\/p>\n<p>21shares said Lighter uses zero-knowledge technology to make its order matching and liquidation processes verifiable. The platform directs revenue toward LIT repurchases and permanent token burns, according to the issuer.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The perpetual futures market just got a new ticker. \u26a1<\/p>\n<p>The 21shares Lighter ETP (ticker: LIHT) is now live on Xetra. Lighter (LIT) is a high-performance decentralised exchange specialising in perpetual futures across crypto, equities, FX, and commodities, with an economic model\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/JFZ32jpAe2\">pic.twitter.com\/JFZ32jpAe2<\/a><\/p>\n<p>\u2014 21shares (@21shares) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/21shares\/status\/2112447459536310526?ref_src=twsrc%5Etfw\">October 20, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Deutsche B\u00f6rse independently <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cashmarket.deutsche-boerse.com\/cash-en\/Stay-Informed\/newsroom\/Xetra-Frankfurt-Newsboard\/XETR-NEW-INSTRUMENT-AVAILABLE-20.10.2026-CH1615641755.EUR-5648148\" target=\"_blank\">confirmed the listing<\/a>, identifying October 20 as LIHT\u2019s first trading day.<\/p>\n<p>The exchange\u2019s records identify two trading lines for the same product, with the euro-denominated security using LIHT and the U.S. dollar line using LIHU. Both carry ISIN CH1615641755.<\/p>\n<p>The exchange classifies the instrument as a crypto exchange-traded note, or ETN. Investors purchase the listed security and gain exposure to LIT\u2019s price without directly holding the token in their own wallets.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Venice ETP offers exposure to privacy-focused AI<\/strong><\/h2>\n<p>The second product, VENC, tracks Venice Token, the cryptocurrency associated with an AI platform offering services designed to limit the retention and exposure of user information.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Huge milestone for the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/AskVenice?ref_src=twsrc%5Etfw\">@askvenice<\/a> team: 5 million users choosing private, unrestricted AI. \ud83d\udee1\ufe0f<\/p>\n<p>We are proud to bring physically backed exposure to this thesis to European investors with the launch of the 21shares Venice Token ETP (ticker: VENC), live on SIX Swiss Exchange from\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/AlRwX8lWbk\">https:\/\/t.co\/AlRwX8lWbk<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/cjchExrx5y\">pic.twitter.com\/cjchExrx5y<\/a><\/p>\n<p>\u2014 21shares (@21shares) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/21shares\/status\/2112446244677124487?ref_src=twsrc%5Etfw\">October 20, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Venice provides an API compatible with OpenAI\u2019s interface, allowing developers to connect applications to its AI services.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cLighter brings a high-performance, fee-generating perpetual futures DEX to traditional accounts, while Venice delivers exposure to the booming private AI sector where data privacy and compute economics meet,\u201d said Jasmin Muelhaupt, 21shares\u2019 head of financial product development.<\/p>\n<\/blockquote>\n<p>The issuer\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.21shares.com\/en-eu\/product\/venc\" target=\"_blank\">VENC product page<\/a> identifies Anchorage Digital Bank and BitGo as custodians, with Flow Traders and Virtu Financial Ireland serving as authorized participants and market makers.<\/p>\n<p>The page lists an October 19 inception date, 65,000 securities outstanding and an initial net asset value of $20 per security, representing $1.3 million in assets. The figure describes the initial product size and does not establish how much money investors have contributed since launch.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Source: 21shares<\/figcaption><\/figure>\n<p>The issuer\u2019s research provides an additional detail about Venice\u2019s token supply. Annual VVV issuance fell from 14 million tokens at the project\u2019s January 2025 launch to 2 million tokens from October 1, 2026, an approximately 86% reduction.<\/p>\n<p>Venice directs portions of subscription revenue and API credit purchases toward token buybacks and burns. However, 21shares notes that recurring burns remain below issuance and that owning VVV does not provide equity or governance rights in the company.<\/p>\n<h2 class=\"wp-block-heading\"><strong>21shares expands its European crypto products<\/strong><\/h2>\n<p>The two launches follow 21shares\u2019 September introduction of Zcash and ether.fi ETPs in Europe.<\/p>\n<p>As crypto.news previously reported, both products carry 2.50% annual fees, with their underlying tokens held by custodians.<\/p>\n<p>Moreover, the company has offered comparable products for other decentralized finance tokens, including a dYdX-linked ETP introduced in September 2025.<\/p>\n<p>European investors can already access products from 21shares through established securities accounts. In February, ING Germany introduced cryptocurrency ETP trading for retail brokerage customers, with 21shares among its product partners.<\/p>\n<p>The new Lighter and Venice products have different underlying business models, but neither gives ETP shareholders direct control over the cryptocurrencies held by custodians.<\/p>\n<p>Trading the securities through a brokerage account does not remove exposure to token price changes, and returns will be reduced by the products\u2019 annual fees. The issuer\u2019s regulatory disclosure states that the securities are not being publicly offered in the United States.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>21shares has launched two physically backed cryptocurrency exchange-traded products in Europe, offering investors exposure to Lighter\u2019s LIT token and Venice\u2019s VVV token through conventional brokerage accounts. Summary 21shares launched two&hellip;<\/p>\n","protected":false},"author":1,"featured_media":37605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-37603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/37603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=37603"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/37603\/revisions"}],"predecessor-version":[{"id":37606,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/37603\/revisions\/37606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/37605"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=37603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=37603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=37603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}