SOL-ETP products will be available on the SIX Swiss Exchange with the support of 21Shares AG

Institutional investors can invest in SOL on the regulated SIX Swiss Exchange with the 21Shares ETP, which goes live on June 30th.

21Shares AG, a Switzerland-based issuer of exchange traded products (ETP), will continue to launch similar ETP products in Europe.

The company, which aims to bridge the gap between institutional investors and regulated crypto products, has announced its newest product, ETP. And Solana (SOL) is the face that 21Shares AG has fully trusted with its impressive performance, which has been proven in the past.

The new product called ASOL ETP will generate additional profits by staking rewards by validating transactions on the Solana blockchain. The ASOL ETP will go live on June 30, 2021 on the regulated market of the SIX Swiss Exchange.

The recent price movement in the cryptocurrency market has turned institutional investors away from Bitcoin but has not prevented capital allocation to other products, as reported by 21Shares AG, which raised over $ 55 million in inflows into all of its ETPs in June alone.

See more: Institutional investors are losing interest in Bitcoin, the market takes a big shock to return

This event marks the next big turning point in a successful year for Solana. After SOL accepted shares from Tesla, Facebook, Google etc. to be introduced on the Solana blockchain, SOL is aiming for a fairer position with leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) or Litecoin (LTC). Originally the first choice for ETP products or ETFs for the big game of large organizations.

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