21Shares Launches Ethena and Morpho ETPs on Major Exchanges

21shares Launches New ETPs

21shares introduced two new exchange-traded products (ETPs) linked to Ethena (ENA) and Morpho (MORPHO).
The 21shares Ethena ETP (EENA) and the 21shares Morpho ETP (MORPH) are now listed on major European exchanges like SIX Swiss Exchange, Euronext Amsterdam, and Euronext Paris.
The launch aims to provide investors with access to emerging DeFi ecosystems through regulated financial instruments.
These additions follow 21Shares' recent cross-listing of six other ETPs on Nasdaq Stockholm.

Ethena (ENA) Market Update

Ethena's token, ENA, experienced an 18% price increase, reaching a high of $0.2802.
Market cap rose to $2 billion, with trading volume nearly doubling to $367 million.
Ethena Labs highlighted significant developments in November, including broader platform listings and integrations.

Morpho (MORPHO) Developments

Morpho token increased by 7%, peaking at $1.50 before settling near $1.45.
The MORPH ETP introduction aims to enhance traditional investor exposure to Morpho.
Morpho Blue's protocol supports custom credit markets, emphasizing non-custodial systems for DeFi's future.
Key protocol features include timelocks, Sentinel oversight, and market-level redemption mechanisms.