Duncan Moir, president of 21shares, has forecasted that actively managed products will be the next evolution in crypto ETFs. Moir emphasized that the dynamic nature of cryptocurrencies makes them ideal for active management strategies. 21shares employs a combination of bottom-up asset research and top-down quantitative strategies to manage risk and optimize portfolios. The firm has expanded its teams to handle more complex products. Moir also noted regional differences in demand for crypto ETPs and ETFs. While the U.S. market remains focused on mainstream cryptocurrencies, European institutional clients are increasingly interested in new assets and applications beyond Layer 1 solutions.