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CoinShares Physical Algorand Staked ETP

A 100% physically-backed, zero-fee ETP providing secure and transparent exposure to the Algorand network’s native asset, ALGO, plus additional staking rewards of 2.00% p.a.

Factsheetdownload factsheet
  • 01 – Product
  • 02 – Performance
  • 03 – Trading
  • 04 – Details
Factsheetdownload icon
01Product

Best-in-class
Algorand ETP

As convenient as it gets

With CoinShares Physical Algorand Staked ETP, access Algorand exposure right through your favourite investment platform. Keep all your investments in one place.

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100% physical

CoinShares Algorand Staked ETP is 100% physically backed by Algorand. For each investment in Algorand, the very same amount is bought in ALGO and stored on an institutional-grade custodian, Komainu.

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0% management fees and additional staking rewards

A first in the crypto ETP industry. CoinShares' Staked ETPs are built to allow the Issuer to share staking rewards with investors. Management fees are also reduced to 0%p.a.

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Fully transparent

CoinShares Physical Staked ETPs' reserves, verified by The Network Firm, are publicly available. This proof of reserves ensures products are always backed by the appropriate amount of underlying digital asset(s).

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Product ID

  • Product name
  • Ticker
  • ISIN

Key Information

    Documents Available

    • Factsheet
    • KID
    • Prospectus
    • Final terms

    CoinShares Physical Algorand Performance

    02 Performance
    YTD
    1m
    3M
    1Y
    Since Inception

    Trading Information

    03Trading
    Country
    Exchange
    Trading Currency
    Bloomberg Code
    Isin
    WKN
    Listing Date
    • Germany
      GY
      EUR
      RAND GY Equity
      GB00BNRRF105
      A3GY74
      2022-07-14
    04Details

    Structure

    Key service providers

    Legal & tax

    DomicileJersey
    legalStructureDebt Security (ETP)
    replicationMethodPhysical

    Buy CoinShares Physical Algorand Staked ETP through your favourite broker

    01 — Copy product ID

    Copy the ISIN or Ticker of CoinShares Physical Algorand Staked ETP. This information is essential to identify the correct product.

    02 — Open your broker account

    Add crypto to your portfolio while using your existing account or create a new one.

    03 — Search for the product

    On your broker account, search for the product by pasting its ISIN or Ticker and select it.

    04 — Enter order details

    Set the number of ETP shares you wish to buy, review your order and confirm the trade.

    People Also Ask

    FAQ

    What makes Algorand special?

    Algorand is known for its innovative consensus mechanism, which ensures decentralisation, scalability, and security. It aims to address key challenges faced by traditional blockchains, such as scalability limitations and high transaction costs.

    Algorand guidearrow right

    How secure is Algorand?

    Algorand employs a consensus mechanism based on cryptographic principles, which tries to enhance security and prevent centralization. However, like any blockchain project, it's essential to stay informed about potential vulnerabilities and security best practices.

    What problem does Algorand solve?

    Algorand addresses scalability, security, and decentralisation issues commonly associated with traditional blockchain platforms. Its consensus mechanism and architecture try to enable fast and cost-effective transactions while maintaining decentralisation.