These products mark 21Shares’ 16th new ETP introduction in 2025, reflecting growing investor interest in regulated, accessible ways to gain exposure to innovative blockchain protocols.
These ETPs provide a straightforward route to participate in emerging on-chain lending markets and stablecoin governance without directly managing tokens or smart contracts.
Morpho ETP: Exposure to On-chain Lending
The 21Shares Morpho ETP offers exposure to Morpho, a Lending-as-a-Service protocol that enables custom, risk-isolated lending markets on blockchain networks. In simple terms, Morpho allows lenders and borrowers to interact on decentralised platforms while keeping individual markets separate and manageable.
By late 2025, Morpho reported over nine billion dollars in deposits and more than four billion dollars in active loans. This scale demonstrates how decentralised lending protocols are gaining traction among both retail and institutional participants.
Today we’re proud to launch two new products: the 21shares Morpho ETP (MORPH) and the 21shares Ethena ETP (EENA). With these launches, we have now introduced 16 new fully physically backed ETPs in 2025. pic.twitter.com/pb1KbWwa2f
— 21shares (@21shares) December 3, 2025
Investors in MORPH ETP gain regulated, exchange-traded exposure to this dynamic sector. Rather than directly using DeFi platforms, which require technical know-how and private key management, ETPs allow participants to invest through traditional brokerage accounts while still benefiting from the underlying protocol’s growth.
Disclaimer: This document is advertisement and not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU)…
— 21shares (@21shares) December 3, 2025
The 21Shares Ethena ETP provides exposure to Ethena’s governance token, ENA. Ethena powers USDe, a digital-dollar stablecoin that has grown into one of the largest stablecoin platforms by assets. The protocol enables token holders to participate in governance, influencing key decisions around protocol upgrades and risk management.
More About Crypto ETPs
Lido Finance announced the launch of the WisdomTree Physical Lido Staked Ether ETP, ticker LIST. This new product offers a 100% staked Ethereum ETP, providing institutional investors with simplified access to Ethereum staking rewards. Fully backed by stETH, the ETP allows participants to earn rewards from staking without directly managing validator nodes or handling complex staking procedures.
Say hello to the WisdomTree Physical Lido Staked Ether ETP (LIST) 🧠🌳
A 100% staked ETH ETP for simplified institutional access to Ethereum staking rewards.
Fully backed by stETH.@WisdomTreeEU pic.twitter.com/0FWbcsB9Fz
— Lido (@LidoFinance) December 4, 2025
By packaging staked ETH into a regulated, exchange-traded format, LIST makes Ethereum staking more accessible and transparent for traditional investors seeking exposure to decentralised finance opportunities.
Disclaimer
The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
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