21shares

We're humbled to be named to Fortune's inaugural #FortuneCrypto100 - a list of crypto's most influential companies. But we couldn't have made it this far without you. To everyone who believed in us, including the global 21shares team who made it possible - thank you. 🥂 Congratulations to all recognized on the list.

We published a new research report, “Quantum Computers Can't Break Bitcoin Yet”. Google's quantum team, alongside the Ethereum Foundation and Stanford University, published findings in March showing the computing power required to break Bitcoin's encryption is around 20 times lower than previously believed. That finding sits alongside growing evidence that Bitcoin, Ethereum, and Solana are each further along in quantum-resistant preparation than most investors realize. Our research team examined what the threat actually looks like, what the current exposure is across the three largest proof-of-work and proof-of-stake networks, and where each network stands in its preparation. Key findings: - Between 4 and 6.9 million bitcoin sit at permanently visible public addresses, making them structurally vulnerable to a sufficiently advanced quantum attack. - Bitcoin merged its first quantum-resistant address proposal (BIP-360) in February 2026. - Ethereum has working code and approximately ten independent engineering teams building toward network migration. Individual accounts can already upgrade today. - Solana has a path to seed-phrase continuity after key migration that most observers have not yet identified. The window before this becomes a visible risk is narrowing, but it has not closed. Allocators who wait for the threat to become visible before acting may find the preparation window has already closed. A collective industry approach is essential for addressing the challenges facing the digital assets sector. The 21shares team thanks Alex Pruden of Project Eleven, Nic Carter of Castle Island Ventures, Yehuda Lindell of Coinbase, Max Resnick of Anza/ Solana, and Thomas Coratger of the Ethereum Foundation for contributing their time and expertise to this report.

Can a community-owned crypto platform out-compete incumbent financial giants? Hyperliquid is making the case. Almost $1B of revenue in 2025 with just eleven employees. Over 95% of fees rerouted into buying back the token. Up 100%+ YTD while Bitcoin is down. And when conflict flared in the Middle East earlier this year and traditional exchanges were closed, Hyperliquid was pricing the oil shock 48 hours ahead, Bloomberg even cited their order books. In our latest Off the Block episode, Eliézer Ndinga and Maximiliaan Michielsen sit down with Léo (CryptoPicsou) – founder of Coin Academy and an early Hyperliquid contributor, before HYPE was on anyone's radar. What we discuss in Part 1: • The post-FTX migration to self-custody, and what Hyperliquid did differently • Genuine fair launch, no VCs, no insiders, ~$7.5B the largest crypto airdrop • The "AWS of liquidity" and what's still overlooked • The revolutionary tokenomics driving a 100% aligned revenue flywheel • How an army of passionate community builders replaces heavy back-office infrastructure Building the next era of finance isn't just about shipping code, it's about alignment between the protocol, its users, and the builders on top. Watch on YouTube: https://lnkd.in/ezqTReKE Listen on Spotify: https://lnkd.in/eCbY7GV3 Stay tuned for Part 2 dropping next week, where we go deeper into Hyperliquid's future, its growing ecosystem, the expansion into prediction markets, and the platform’s potential risks (and how to mitigate them).

Today in London, the #cfaukconference2026 is underway – and attendees are getting a first look at an exciting project we've been working on. We'll be sharing some great films with you at the end of this month, but in the meantime, here's a behind-the-scenes look at how it all came together. 📽️ Stay tuned to both CFA UK and Content With Purpose, who have been collaborating on a special project exploring the critical role that professionalism, trust, and expertise play in shaping the future of the investment sector. 📅 Save the date for our reveal: 30 June #FutureOfFinance #InvestmentProfessionals #BehindTheScenes #ComingSoon #London

What does it actually take to build a trusted partnership in digital assets? We sat down with Roland Wicki, CEO of inpearl capital ag, to hear directly from him why 21shares is inpearl's go-to partner for crypto exposure. Roland highlighted four things that matter to him in practice: • Seamless Access: Institutional-grade ETPs that eliminate custody complexity. • Swiss Standards: Reliable infrastructure, robust compliance & quality service. • Product Breadth: a suite that keeps pace with how the market evolves. • Partnership Mindset: Creating tailored solutions for major independent distributors. Thank you to Roland for taking the time to share his perspective. 👇 Watch the full interview below.

11 people. $0.9B in annualized revenue. Hyperliquid can no longer be overlooked. The structural shift toward onchain infrastructure is officially underway.

🏆 We are thrilled and grateful to be selected as BeInCrypto's Best Digital Asset Manager. As the world’s first and largest crypto-ETP issuer, we offer crypto investment products for institutional and retail investors, providing easy access to digital assets through their existing bank or broker. A huge thank you to BeInCrypto, Proof of Talk, our partners, and the broader investment community for your continued trust. We look forward to continuing to evolve the market with a focus on quality, transparency, and broader market access. 🔗 Learn more: https://lnkd.in/eQQV6MAV

We are pleased to share the second video in our educational series, designed to help investors cut through the noise and build a foundational understanding of the broader crypto landscape. In our latest video, we break down the four essential pillars of the market: • What crypto is and the mechanics of blockchain technology • Why the asset class is driving a structural shift in global finance • How crypto behaves within a modern, diversified portfolio • Practical ways to gain exposure: self-custody vs. ETPs/ETFs The video also addresses critical concepts for investors, including the three main "buckets" of crypto assets (stores of value, smart contracts, and stablecoins), institutional-grade custody, and the volatility risks to evaluate before investing. Watch the full video here: https://lnkd.in/eXbB_PSa

Monthly Flows Report: Crypto ETP Flows Reverse to Multi-Month Low in May Crypto ETPs saw a sharp pullback in May, with approximately -$2.6B in net outflows, reversing course from April's +$2.8B in net inflows and signaling a temporary pause in investor conviction. Key drivers for the month include: • Bitcoin Outflows: -$2.5B in US Spot ETF net outflows lead the market reversal. • Ethereum Pressure: -$514M outflows signal renewed caution. • Selective Altcoins: XRP and Solana buck the trend with positive inflows. This trend underscores a tactical cooling period and profit-taking from core assets, though European products bucked the trend with over +$103M in positive aggregate inflows. Dive deeper into our full analysis in the report: https://lnkd.in/eYZwFgK4

May’s market momentum: temporary hype or a fundamental shift? May delivered a strong opening for Bitcoin and broader risk assets, with the S&P 500 and NASDAQ-100 hitting fresh all-time highs. While macro uncertainty and geopolitical friction persist, the underlying story is shifting – this looks less like a temporary rebound and more like a flight to quality pointing to a K-shaped recovery. This month, we’re exploring: • K-Shaped Recovery: Winners outperform & weaker assets face a shakeout. • Hyperliquid’s Surge: The 24/7 trading superapp capturing institutional flows. • Macro Dynamics: Cooling geopolitical tensions vs. squeezed consumer incomes. The key question now: is this market reassessment a ceiling – or a launchpad toward structural divergence? 📬 Read the full State of Crypto Monthly below!