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Crypto futures are just normal futures, except that they are based on cryptocurrencies such as Bitcoin and Ether.
In 2022, the CME Group introduced futures trading on crypto due to the high liquidity. These new contracts are cash-settled and are based on the CME-CF Bitcoin-Euro reference rate and the CME-CF Ether-Euro reference rate, which serve as a once-daily reference rate for the euro-denominated price of Bitcoin and Ether.

Note: The following examples are for information purposes only and do not constitute a recommendation or advertisement.

Crypto shares, also known as stock tokens, are about merging the world of shares with cryptocurrencies. This is not a real share, but a digital replica of such a share. In order to offer crypto shares, companies buy real shares and then divide them into stock tokens. By buying these stock tokens, an investor can participate in the share price performance without owning a complete share. However, it is often difficult for investors to track the extent to which a real share was actually purchased for the digitally replicated shares.

Crypto ETPs (exchange-traded products) are like ETFs, except that they are based on cryptocurrencies such as Ethereum or Ripple. ETPs are debt securities whose performance is replicated almost 1:1 on the basis of a reference value and which are usually also based on the physical crypto assets. The value of a Bitcoin ETP therefore corresponds almost exactly to the current real price of Bitcoin or other cryptocurrencies.

NOTE: The following examples are for information purposes only and do not constitute a recommendation or advertisement. Detailed information on the securities mentioned and the associated risks can be found at 21shares.com.

Crypto CFDs offer you the opportunity to make a profit by betting on the future price development of certain cryptocurrencies, such as Bitcoin. The capital investment for crypto CFDs is relatively low. However, as with traditional share trading with CFDs, there is a certain risk of incurring large losses despite having a small initial capital. The investor must correctly predict when the price of the cryptocurrency will move up or down.

Crypto certificates are a possible alternative if you do not want to buy cryptocurrencies directly in the form of tokens. Crypto certificates are derivatives that are issued by a bank or issuing house and have a single or usually an index of several leading cryptocurrencies as a reference value or underlying asset. Special forms of crypto derivatives are therefore Bitcoin certificates or leveraged factor certificates. The issuers of crypto derivatives have a real portfolio of digital currencies, which are managed by an authorised guarantor. Crypto certificates were primarily designed for institutional and private investors who want to gain exposure to the crypto market without having to deal with the complex operation of crypto wallets and private/public key pairs.

Product examples
Short Mini Future on Bitcoin (WKN: VQ5U49)
Vontobel was the first issuer to issue mini futures on the cryptocurrencies Bitcoin, Ether and Ripple. These mini futures reflect the difference between the price of the underlying asset (Bitcoin, Ether or Ripple in USD) and the strike price, taking into account the reference ratio. (Source: vontobel.com)

Long Mini Future on Ethereum (WKN: VP30QY)
(Source: vontobel.com)

Sustainliquid (WKN: A3GS2E)
With this certificate, you can participate in the staking of crypto tokens. In simple terms, staking involves making your crypto tokens available to the blockchain network, which helps to secure the blockchain. In return, you receive a kind of reward, the so-called ‘staking reward’. As a result, the Sustainliquid certificate should generate a fixed annual return. (Source: Stuttgart Stock Exchange)

Kryptobest (WKN: A3GS2F)
This certificate gives you easy access to crypto investments. It invests in leading cryptocurrencies and selected tokens on the basis of blockchain analyses by Immutable Insight. This diversification is intended to balance out the volatility of individual cryptocurrencies. (Quelle: Stuttgart Stock Exchange)

Note: The above examples are for information purposes only and do not constitute a recommendation or advertisement.  

In addition to buying and selling cryptocurrencies, you can also buy cryptocurrency options. Similar to trading derivatives, leverage can be used to bet on rising or falling prices or to hedge a portfolio. A crypto warrant is a form of financial derivative that gives you the right, but not the obligation, to buy or sell the cryptocurrency at a certain price, the strike price, until a certain expiry date.