21Shares goes live with Jupiter ETP, expanding crypto lineup in Europe

21Shares has launched a new exchange-traded product (ETP) tracking Jupiter (JUP), the liquidity hub of the Solana blockchain, on the SIX Swiss Exchange under the ticker AJUP. This product provides institutional investors in Europe with regulated exposure to a protocol that aggregates over 90% of trades on Solana's decentralized exchanges. The ETP carries a 2.5% fee and is available in USD and euros. Jupiter has established itself as a crucial layer in Solana's decentralized finance (DeFi) ecosystem, routing trades across more than 20 exchanges, with a lifetime volume exceeding $1 trillion. The ETP launch coincides with Jupiter's efforts for JupNet, aiming to extend liquidity services across multiple blockchains and wallets. With over $11 billion managed across more than 50 crypto ETPs, 21Shares positions Jupiter as a key component in Solana’s growth and a developing cross-chain brokerage layer. ETPs allow investors to gain exposure to digital assets without managing direct token custody, making them appealing for traditional investment channels.

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