21Shares has introduced an exchange-traded product (ETP), providing investors with exposure to Lido DAO's liquid staking ecosystem.
Classified as a class 7 product, the highest risk level, the ETP exposes investors to various potential risks. Market volatility risk, regulatory risk, business and operational risk, credit risk of the issuer and custodian and counterparty risk are among the key factors contributing to its high-risk designation.
21Shares warns investors must be aware of the potential losses associated with the product's future performance. Poor market conditions can significantly impact the fund's ability to provide returns. The company explicitly states that this investment carries a high risk of financial loss. © 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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