21Shares has signed a strategic partnership with Teucrium, filing two cryptocurrency ETF funds under the FTSE index with the U.S. SEC.
These two ETF funds include the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF, which track the top 10 cryptocurrencies and the top 10 cryptocurrencies excluding Bitcoin, respectively.
MAIN CONTENT
21Shares manages over $11 billion in assets and collaborates with Teucrium to develop cryptocurrency ETF funds.
The FTSE Russell index ETFs aim for investment diversification with a fund structure under the U.S. 1940 Act.
Cryptocurrency tokenization and clear legality are crucial factors driving widespread acceptance from institutional investors.
What has 21Shares done to expand its cryptocurrency portfolio in the United States?
21Shares has strategically partnered with Teucrium, a company specializing in commodity and derivative ETFs, to develop two cryptocurrency ETF funds. This is a significant step to expand their market in the United States and comply with the strict legal framework under the 1940 Act.
Federico Brokate, Head of U.S. Business at 21Shares, stated in 2025: “Investors increasingly need diverse, accessible products to participate in the long-term growth of digital assets, and 21Shares is committed to providing ETF structures that comply with legal requirements.”
What types of cryptocurrency assets do 21Shares ETFs track?
The two funds filed include the 21Shares FTSE Crypto 10 Index ETF, which tracks the market capitalization-weighted index of the top 10 cryptocurrencies globally, and the 21Shares FTSE Crypto 10 ex-BTC Index ETF, which excludes Bitcoin to focus on other currencies.
Kristen Mierzwa, Head of Digital Assets at FTSE Russell, shares: “The structure and pricing methodology for digital assets we developed aims to provide an effective strategic allocation tool for investors.”
The methodology and structure of digital asset indices are designed to optimize investment choices for institutions and individuals.
Kristen Mierzwa, Head of Digital Assets, FTSE Russell, 2025
Why are Tokenization and the legal framework important for cryptocurrency ETF funds?
Tokenization of digital assets under the oversight of the U.S. Securities and Exchange Commission (SEC) creates transparency and safety, helping institutional investors feel more secure when participating. Filing funds under the 1940 Act also makes taxes and fund structures familiar to traditional investors.
The GENIUS Act, signed into law by the U.S. President in 2024, has paved the way for the development and application of Tokenization in the digital asset space, enabling fund managers like 21Shares to operate within a strict legal framework.
The GENIUS Act is an important step towards guiding the development of Tokenization and promoting the participation of financial institutions in the digital asset market.
President of the United States, 2024
What are the benefits of applying the 1940 Act to cryptocurrency ETF funds?
The 1940 Act provides a clear legal framework for ETFs, helping investors understand their rights, risks, and tax policies. Applying this law to 21Shares' cryptocurrency funds builds trust and minimizes legal risks compared to decentralized investment products.
This is seen as a key to helping cryptocurrency ETF products reach broader traditional investors, thereby promoting the integration of digital assets into the mainstream financial market.
Frequently Asked Questions
How much assets does 21Shares manage?
21Shares currently manages over $11 billion in assets, specializing in a diverse range of cryptocurrency investment products.
What indices do the new ETF funds from 21Shares track?
The FTSE Crypto 10 and FTSE Crypto 10 ex-BTC index funds include the top 10 cryptocurrencies and 10 cryptocurrencies excluding Bitcoin, respectively.
What role does tokenization play in the cryptocurrency market?
Tokenization allows digital assets to be managed and traded more transparently, building trust for institutional and individual investors.
What benefits does the 1940 Act provide?
This law ensures legality, transparency, and tax-friendliness for ETF products, which are highly prioritized in the U.S. market.
How does the GENIUS Act affect cryptocurrency?
The GENIUS Act promotes the development of Tokenization and creates a legal framework for the digital asset market in the United States.
Source: https://tintucbitcoin.com/21shares-de-xuat-2-quy-etf-tien-so/
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