Crypto exchange-traded products issuer 21Shares is closing down five funds and delisting another, a company spokesperson confirmed. The shutdowns come as investor demand cools. Since the Federal Reserve and other central banks have started raising interest rates to fight inflation, the crypto space has struggled. Digital tokens, just like other riskier assets, have sold off in a risk-off environment. On top of that, the industry has been plagued by a number of crypto-specific scandals, including the implosion of once-esteemed companies like exchange FTX. All of it has pushed investors away, including many retail ... (full story)