21Shares Expands European Crypto ETP Suite to 50 with AI and Raydium Launches – 17/9/2025

21Shares has added two new crypto exchange-traded products (ETPs), bringing its total offerings in Europe to 50.

The new listings include the 21Shares Artificial Superintelligence Alliance ETP (AFET), which tracks a basket of decentralized AI protocols such as Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS. The 21Shares Raydium ETP (ARAY) offers investors exposure to the Solana-based decentralized exchange Raydium’s native token.

Both ETPs are physically token-backed and trade on major European exchanges. AFET is listed on Euronext Amsterdam and Paris, while ARAY is available on the SIX Swiss Exchange, according to a company press release.

“With these launches, 21Shares now provides investors access to 50 physically backed crypto ETPs across Europe,” said Duncan Moir, president of 21Shares. The firm manages over $11 billion in assets globally.

CoinDesk Indices, a subsidiary of CoinDesk, serves as the index provider for ARAY and more than 40 other ETPs across 21Shares’ product suite.

Since issuing the world’s first token-backed crypto ETP in 2018, 21Shares has steadily expanded its exchange-listed offerings across multiple sectors of the crypto ecosystem.

While Europe leads the U.S. in the number of crypto ETPs available, total trading volume and assets under management (AUM) remain smaller. European crypto ETPs currently hold approximately $23.24 billion in AUM, compared with over $174 billion in U.S. spot Bitcoin and Ether ETFs, according to ETFBook data.