Zurich, Switzerland, September 11th, 2025, Chainwire 21Shares today announced the launch of the 21Shares DYDX Exchange-Traded Product (ETP), a regulated, physically backed investment product providing institutional investors with secure and compliant exposure to DYDX (DYDX), the native token powering the dYdX Chain. The launch is supported by the dYdX Treasury subDAO through its operator - kpk. With over $1.4 trillion in cumulative trading volume settled on dYdX, dYdX is the most operationally mature dece ...

Swiss asset manager 21Shares has launched a new exchange-traded product, or ETP, tied to dYdX’s native token, DYDX. The firms said this will extend regulated access to one of the largest decentralized derivatives protocols. The product, backed by DYDX tokens held with custodians, began trading this week with support from the dYdX Treasury subDAO, through its operator kpk, according to a press release shared with Decrypt. Crypto ETPs let investors buy and sell exposure to digital assets on stock exchanges ...