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A Rising Crypto Star Has the SEC and Volatile Markets in Her Way

Ophelia Snyder, 29, is already managing $2.5 billion. She’s now teaming up with Cathie Wood to bring a Bitcoin ETF to the U.S. — if regulators allow it. 

Ophelia Snyder,  the 29-year-old co-founder of Switzerland-based 21Shares AG, in the company’s New York office.  

Ophelia Snyder,  the 29-year-old co-founder of Switzerland-based 21Shares AG, in the company’s New York office.  

Photographer: Amir Hamja/Bloomberg
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Ophelia Snyder spent her early twenties making marine biology documentaries for the Discovery Channel. Now, at 29, she’s managing $2.5 billion in a risky and volatile corner of finance.

Snyder’s firm, 21Shares, is based in Zug — known as Switzerland's Crypto Valley — and offers European investors exchange-traded funds based on Bitcoin as well as tokens familiar only to the crypto cognoscenti, like Polkadot and Avalanche.