# dYdX Treasury SubDAO - DYDX ETP launch
**URL:** https://dydx.forum/t/dydx-treasury-subdao-dydx-etp-launch/3987
**Category:** Treasury
**Created:** [September 11, 2025, 8:36am UTC](https://dydx.forum/t/dydx-treasury-subdao-dydx-etp-launch/3987 "2025-09-11T08:36:36Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@KPK](https://dydx.forum/u/KPK)
#### Post date: [September 11, 2025, 8:36am UTC](https://dydx.forum/t/dydx-treasury-subdao-dydx-etp-launch/3987/1 "2025-09-11T08:36:36Z")
Today, 21Shares launches its first DYDX token exchange-traded product ( **“ETP”** ), a vehicle to connect traditional investors to the dYdX protocol. Through its ETP, dYdX reaches out to a new world of institutional investors that sit beyond the horizon for onchain projects.
**As part of [our role supporting the dYdX Treasury SubDAO](https://dydx.forum/t/dydx-treasury-subdao-proposal/2989), kpk — together with the dYdX Foundation and 21Shares — helped steward the listing to completion and support the ETP’s operations.**
Expanding upon our work on the [Staking and Buyback Programs](https://dydx.forum/t/dydx-treasury-subdao-community-update-1h-2025/3714), this listing is a natural extension of our mandate to cultivate the financial position of the dYdX Ecosystem.
[Read more about the DYDX ETP here](https://kpk.io/beyond-the-boundaries/).
---
### Author:  [@charles](https://dydx.forum/u/charles)
#### Post date: [September 11, 2025, 9:01am UTC](https://dydx.forum/t/dydx-treasury-subdao-dydx-etp-launch/3987/2 "2025-09-11T09:01:11Z")
Congratulations team @KPK
That’s an amazing milestone, strengthening dYdX’s position in the top league of the DeFi industry.