In this roundtable, as a Founder of NFK Media, Nasib Fathi moderated an expert panel with Andrew Forson, TEP (President at DeFi Technologies& CGO at Valour), James Butterfill (Head of Research at CoinShares), Bernhard Wenger (Head of Northern Europe at 21shares), and Igor Hadziahmetovic (Investment Director at Venionaire Capital AG) to discuss institutional adoption, staking infrastructure, and product innovation architectures for 2026 and the H2 outlook.

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The following questions were raised:

1. Do the largest asset managers validate the crypto ETP market or compress everyone who built it?

2. Staking inside a European ETP wrapper. Where are issuers exposed right now?

3. Who is the institutional buyer today and what are you telling allocators still on the sideline?

4. Which product structures have institutional demand, which are issuer-led, and what's the next innovation?

5. What specifically has to happen in H2 2026 for advised wealth to move into this asset class at scale?

6. Q&A: RWA-based ETPs don't exist at scale yet. Which asset class gets there first (e.g., private credit, real estate, or something else) and what will the market look like in a few years?

7. Q&A: If RWA-based ETPs become a standard institutional allocation over the next decade, what has to change in custody, legal standardization, and liquidity provision?

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→ Spotify: https://tinyurl.com/yc37f3jv

→ Apple Podcasts: https://tinyurl.com/p98uw7ca

→ YouTube: https://tinyurl.com/nywntfpm