PANews reported on November 14th that, according to The Block, cryptocurrency ETF provider 21Shares has launched two cryptocurrency index ETFs, providing investors with access to Bitcoin, Solana, Ethereum, and Dogecoin. On Thursday, the company launched the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 Index (excluding Bitcoin) ETF (TXBC), both among the first cryptocurrency index ETFs registered under the Investment Company Act of 1940. TTOP has a management fee of 0.50% and tracks a market capitalization-weighted index of the 10 largest cryptocurrencies; TXBC has a management fee of 0.65% and invests only in cryptocurrencies and blockchain networks with "real-world applications beyond Bitcoin macro hedging." The statement indicates that these two ETFs were launched jointly by 21Shares and advisory firm Teucrium.PANews reported on November 14th that, according to The Block, cryptocurrency ETF provider 21Shares has launched two cryptocurrency index ETFs, providing investors with access to Bitcoin, Solana, Ethereum, and Dogecoin. On Thursday, the company launched the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 Index (excluding Bitcoin) ETF (TXBC), both among the first cryptocurrency index ETFs registered under the Investment Company Act of 1940. TTOP has a management fee of 0.50% and tracks a market capitalization-weighted index of the 10 largest cryptocurrencies; TXBC has a management fee of 0.65% and invests only in cryptocurrencies and blockchain networks with "real-world applications beyond Bitcoin macro hedging." The statement indicates that these two ETFs were launched jointly by 21Shares and advisory firm Teucrium.
21Shares launches two cryptocurrency index funds, offering exposure to various tokens such as Bitcoin and Dogecoin.
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PANews reported on November 14th that, according to The Block, cryptocurrency ETF provider 21Shares has launched two cryptocurrency index ETFs, providing investors with access to Bitcoin, Solana, Ethereum, and Dogecoin. On Thursday, the company launched the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 Index (excluding Bitcoin) ETF (TXBC), both among the first cryptocurrency index ETFs registered under the Investment Company Act of 1940. TTOP has a management fee of 0.50% and tracks a market capitalization-weighted index of the 10 largest cryptocurrencies; TXBC has a management fee of 0.65% and invests only in cryptocurrencies and blockchain networks with "real-world applications beyond Bitcoin macro hedging." The statement indicates that these two ETFs were launched jointly by 21Shares and advisory firm Teucrium.
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