CoinShares
Algorand
Staking ETP
Access Algorand — designed for fast, low-cost digital payments at global scale — through a regulated, exchange-traded product.
Key features
of our Algorand ETP
Easily tradable
With CoinShares Algorand Staking ETP, access ALGO exposure right through your favourite investment platform. Keep all your investments in one place.
100% physically-backed
CoinShares Algorand Staking ETP is 100% physically backed by ALGO. Every unit is secured with real ALGO, safely held with an insitutional-grade custodian.
0% management fees
A first in the crypto ETP industry. CoinShares' Staking ETPs are built to allow the Issuer to share staking rewards with investors. Management fees are also reduced to 0%p.a.
Fully transparent
All CoinShares ETPs' reserves are publicly available and independently, verified by The Network Firm. Investors can track in real-time that each product is backed by the correct amount of the underlying digital asset(s).
CoinShares Algorand ETP Performance
Key risks
Trading Information
- GermanyXetraEURRAND GY EquityGB00BNRRF105A3GY742022-07-14
Structure
Key service providers
Legal & tax
| Domicile | Jersey |
| Legal Structure | Debt Security (ETP) |
| Replication Method | Physical |
Understanding Algorand and ETPs
Basics
Algorand: scalable digital payments
Algorand delivers near-instant, low-cost transactions with a focus on speed and simplicity. Its technology is built to support digital payments and financial applications at global scale, making it attractive for enterprises and governments alike.
Read our Algorand guideAlgorand ETP: simple & regulated access
A Algorand ETP (Exchange Traded Product) is a listed security that tracks the price of ALGO. Whether structured as an ETF, ETN or ETC, it provides regulated exposure through traditional brokerage accounts. Investors can access Algorand easily, without the complexity of holding the asset directly.
Learn more: what are crypto ETPs?Why invest through Algorand ETP?
Algorand ETPs combine the benefits of crypto with the safeguards of traditional finance. It offers simple access through brokers, secure custody managed by professionals, and the transparency of regulated markets. This makes Algorand exposure straightforward, trusted and efficient.
Discover the benefits of ETPsPeople Also Ask
FAQWhat 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.
Read moreHow 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.