21Shares calls for unified EU crypto regulations
The company highlights inconsistencies within the EU, where some member states like Germany and Malta allow crypto in UCITS funds, while others like Luxembourg and Ireland do not.
A unified regulatory approach, 21Shares argues, would not only provide much-needed clarity for investors but also align Europe with other global markets, including the US and Hong Kong. By establishing clear guidelines, retail and institutional investors alike could benefit from greater diversification opportunities, all within a secure, regulated environment.
The European Securities and Markets Authority (ESMA) has already begun reviewing feedback on the inclusion of crypto assets in UCITS funds, with a decision expected to follow. 21Shares, which currently offers over 40 ETPs, believes this move would pave the way for greater access to digital assets in a regulated market.