ETFs

Currently EuroCTP is the only confirmed bidder for ESMA’s tape; ESMA is expected to make a decision on the CTP by the end of 2025.  

21shares currently offers the world’s largest suite of crypto ETFs and ETPs, and the move is set to help build out FalconX’s listed markets and digital assets offering.  

Though European active ETF assets remain lower than its US counterparts, areas such as fixed income are seeing increased investor interest.  

The offering will unify listing, trading, clearing and settlement and is set to address fragmentation and distribution issues across European ETF markets.  

The addition marks the seventh liquidity provider to join the exchange’s solution and follows the incorporation of Societe Generale onto the service in June 2025.  

The offering is expected to bring innovation in electronic trading and support the development of the Australian ETF market. 

Expansion aims to provide increased access to the US markets for traders, particularly those based in APAC. 

The first transaction on new connectivity has already taken place with Global X Japan having been the first to execute.

Named SPDR SSGA MyIncome ETFs, the suite is made up of 14 actively managed target maturity ETFs with various maturity years ranging from 2026 to 2034.

The TRADE sits down with Tim Miller, senior trader at Fidelity International, to discuss the continuing evolution of ETFs, the impact of fragmentation, and what lessons can be learnt from the US when it comes to boosting trading volumes.