The ETP will be based on Arcane's cryptocurrency fund and will allow investors to buy and sell the product through their brokers.
21Shares had previously listed crypto ETPs in Switzerland, Germany and Austria.
The VanEck Vectors Bitcoin ETN and VanEck Vectors Ethereum ETN will be listed on the two exchanges in Europe on Tuesday with a total expense ratio of 1%.
Fully backed by ADA and DOT, the products are listing on the Nordic Growth Market.
Iconic Funds plans to bring more products to the market for “crypto-hungry” investors and is also exploring listings outside of Germany.
The company’s application to list a bitcoin ETF in the U.S. is currently being reviewed by the SEC.
The XLM and ADA vehicles will go live on Monday.
The firm said it has brought 12 different crypto ETPs to market, most recently the Polkadot ETP on Feb. 2
Even with the increase in AUM, average ETP volumes in February dropped 37.8% to $936 million.
This is the firm’s second such product after its "BITC" bitcoin ETP was listed on the SIX exchange in January.
The purchases suggest institutional investors’ appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether.
With ETPs, indices and derivatives, exchanges have started meeting demand for regulated crypto products, explains Kaiko's head of research.
The Polkadot ETP (PDOT) will list on the Swiss SIX Exchange on Thursday.
It joins several other ETP providers on the exchange, including ETC Group, with its own physically backed bitcoin product.