21Shares Lists Strategy Yield ETN on London Stock Exchange

21Shares has introduced the Strategy Yield ETN on the London Stock Exchange, providing UK investors with access to a product that currently offers an 11.50% yield, according to Strategy CEO Phong Le. The ETN is designed to track Strategy's Stretch perpetual preferred stock, which is associated with the company's bitcoin-focused reserve policy. According to NS3.AI, 21Shares has captured over 40% of the London Stock Exchange crypto ETN market, with an average daily trading volume of £7.3 million as of April 30, 2026. Michael Saylor mentioned that Strategy might sell bitcoin in the future to cover STRC dividends.