21Shares Debuts STRC ETN on London Stock Exchange With 11.50% Monthly Yield

Key Highlights

• 21Shares debuts STRC ETN on London Stock Exchange offering 11.50% monthly distributions

• UK investors gain exposure to Strategy Inc.’s bitcoin-backed preferred equity structure

• Zero-fee product trades in GBP, building on 21Shares’ European expansion strategy

• Underlying security backed by Strategy’s 815,061 bitcoin holdings as of April 2026

• Launch strengthens 21Shares’ 42% market share position in UK crypto ETN trading

On May 6, 2026, 21Shares introduced its STRC exchange-traded note to the London Stock Exchange. This new offering enables United Kingdom investors to access Strategy Inc.’s perpetual preferred equity instrument via a regulated trading venue. The move represents 21Shares’ continued effort to diversify its UK product catalog beyond traditional cryptocurrency token tracking.

London Market Gains Access to Strategy Equity Product

Trading under the STRC ticker symbol, this exchange-traded note operates with zero management fees. The product is denominated in British pounds sterling and registered under ISIN CH1528107811, with 21Shares AG serving as the official issuer. This London debut follows the product’s earlier introduction on Euronext Amsterdam.

The instrument tracks Stretch, a perpetual preferred security created by Strategy Inc. Strategy operates as a software enterprise that maintains a strategic bitcoin treasury policy. This structure creates a connection between income generation opportunities and Strategy’s bitcoin-centric balance sheet approach.

Stretch delivers variable monthly cash payments to holders. Strategy designed the security to maintain trading values near its $100 par designation. The distribution percentage undergoes monthly adjustments aimed at preserving stable pricing dynamics.

Massive Bitcoin Holdings Underpin Investment Structure

As of April 2026’s conclusion, Strategy maintained ownership of 815,061 bitcoins. This position accounted for 3.88% of Bitcoin’s maximum 21 million coin supply. The STRC ETN therefore provides indirect exposure to among the world’s most substantial corporate bitcoin treasury operations.

Strategy employs combined bitcoin and US dollar reserves within its capitalization framework. According to company statements, its reserve structure provides distribution coverage extending beyond five decades. The present annualized yield calculation reaches 11.50%, distributed monthly as cash payments.

Through the STRC ETN, investors can participate using conventional brokerage platforms. This eliminates requirements for direct bitcoin storage or blockchain wallet management. Nevertheless, participants remain exposed to risks associated with Strategy’s bitcoin-focused treasury operations.

Market Leader Expands United Kingdom Footprint

21Shares characterized the STRC ETN introduction as a significant milestone for its British operations. The organization currently dominates the UK cryptocurrency ETN sector by volume metrics. Through April 30, it commanded 42% of the £7.3 million average daily cryptocurrency ETN trading activity on the LSE.

This launch continues broader European product development initiatives. During January, 21Shares rolled out Solana staking instruments and bitcoin-gold combination products across Continental exchanges. The STRC ETN introduces an equity-derived income component to that expanding portfolio.

UK cryptocurrency ETN availability increased following regulatory modifications implemented in October 2025. These policy updates restored retail investor access via standard brokerage accounts and tax-advantaged investment vehicles. The STRC ETN therefore enters a market experiencing rising appetite for regulated, exchange-listed cryptocurrency investment vehicles.

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