With 21Shares reducing fees and listing ABBA on Xetra, investors now have an even more compelling entry point into Bitcoin and Ethereum.
21Shares, a leading provider of exchange-traded products (ETPs), has announced a substantial reduction in the management fees for its Bitcoin Ethereum Core ETP (ABBA).
The move is aimed at making digital asset investments more affordable and accessible, according to a press release.
Also, 21Shares has lowered the fees to 0.49%, attracting the attention of market participants amid industry-leader Bitcoin BTC $109 825 24h volatility: 1.8% Market cap: $2.19 T Vol. 24h: $36.20 B falling to a multi-month low of $79,059.43, based on CoinMarketCap data.
The fee reduction makes ABBA one of the most cost-effective ways for investors to gain exposure to Bitcoin and Ethereum ETH $4 271 24h volatility: 4.4% Market cap: $515.57 B Vol. 24h: $27.90 B , which collectively represent 69.8% of the crypto space.
The ETP has also been listed on Xetra exchange, Deutsche Börse’s premier trading platform for ETPs, effective March 12, 2025.
Mandy Chiu, a 21Shares executive, noted that decreasing the fees on the firm’s Bitcoin and Ethereum ETP would allow a larger user base to have access to the digital currencies.
Bitcoin (BTC) at a Critical Juncture
Market dynamics suggest that Bitcoin (BTC) and Ethereum (ETH) are at a critical junction. According to crypto analyst Ali Martinez, Bitcoin could be on the verge of an 8% breakout, with key support levels at $79,270 and $69,450.
#Bitcoin $BTC could be on the verge of an 8% breakout! pic.twitter.com/JtIbTthgJJ
— Ali (@ali_charts) March 12, 2025
Bitcoin has formed an ascending triangle pattern, a bullish pattern. The breakout level is around $83,000, which aligns with the horizontal resistance line which is acting as the support for the cryptocurrency.
Notably, Bitcoin’s recent decline from a high of $100,000 to under $80,000 has been attributed to multiple factors, including Wall Street’s risk aversion, fears of a US recession, and concerns over tariffs under US President Donald Trump’s policies.
Furthermore, the lack of fresh BTC purchases under Trump’s strategic reserve plan has disappointed investors, contributing to downward pressure.
However, technical indicators suggest a potential reversal. The relative strength index (RSI) has formed a bullish divergence, indicating that while BTC prices dropped, the momentum behind the selling is weakening.
RSI is setting lower lows.
Bitcoin is setting higher lows.
A massive rally comes next! pic.twitter.com/MK8qW0kUy5
— Mister Crypto (@misterrcrypto) March 10, 2025
This pattern is often an early signal of an upward trend reversal, aligning with expectations that BTC may react positively to upcoming macroeconomic data, such as the US consumer price index (CPI) report.
Ethereum Faces Resistance
Meanwhile, Ethereum faces a key resistance zone between $2,250 and $2,610, a range where over 65 million ETH has been accumulated by 12.28 million investors.
#Ethereum faces a key resistance zone between $2,250 and $2,610, where 12.28 million investors accumulated over 65 million $ETH! pic.twitter.com/gEPeRTeYFR
— Ali (@ali_charts) March 12, 2025
If ETH can break through this level, it could pave the way for further gains, supported by increasing institutional adoption and ETPs like ABBA, which provide more exposure to Ethereum for mainstream investors.
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