21Shares introduced two new crypto index ETFs in the United States as demand for regulated digital-asset products continues rising. The company launched these funds under the Investment Company Act of 1940, marking a development for investors seeking familiar structures for crypto exposure.
The new products aim to simplify market access with single-ticker solutions that track shifting market leadership. Besides offering diversified exposure, the ETFs target investors who want regulated access without managing wallets or direct custody.
New Index ETFs Target Diversified Crypto Exposure
According to press release, the company unveiled the 21Shares FTSE Crypto 10 Index ETF, known as TTOP, and the 21Shares FTSE Crypto 10 ex-BTC Index ETF, known as TXBC. Each product tracks a separate FTSE Russell index designed to mirror activity across the top crypto assets. TTOP includes Bitcoin, Ethereum, Solana, and Dogecoin.
TXBC excludes Bitcoin and focuses on networks built for applications, payments, and smart contracts. Both funds rebalance every quarter to match market size changes. Consequently, larger assets receive higher weightings during each adjustment.
Federico Brokate, Global Head of Business Development at 21Shares, stated that clients continued to request a single point of access for broad market exposure. He emphasized the need for regulated tools that simplify participation for both new and experienced investors. Besides focusing on accessibility, the firm designed each fund to remove the need for wallet management or private keys.
Rule-Based Indexing Supports Increased Transparency
The indices created by FTSE Russell strengthen the transparency behind these products. FTSE Russell designed the benchmarks to follow strict rules and consistent methodologies. Moreover, the collaboration gives investors structured market exposure supported by long-established index design standards.
TTOP carries a 0.50% management fee and tracks the ten largest crypto assets. TXBC carries a 0.65% fee and focuses on leading blockchain networks outside Bitcoin. Both products operate through Teucrium, which supports the ETF structure and distribution.
Partnership With FalconX Signals Next Phase of Growth
21Shares recently joined forces with FalconX to expand its reach across brokerage, liquidity, investment management, and structured solutions. The combination strengthens the company’s global access and supports its growing US presence. Additionally, the move aligns with the expanding ecosystem of institutional-grade digital-asset services.
Source: https://coinpaper.com/12339/21-shares-rolls-out-new-crypto-index-et-fs-as-u-s-demand-surges
