đšđ 21Shares Launches First U.S. Multi-Coin Crypto Index ETFs đđ
đ What Happened?
Swiss digital-asset manager 21Shares just rolled out its first-ever U.S.-listed ETFs that track a basket of cryptocurrencies â not only Bitcoin! đđŒ
This includes ETH (Ethereum) đŁ, SOL (Solana) đĄ, and DOGE (Dogecoin) đ¶ alongside othersđ„
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đĄ Why Itâs Big & Game-Changing
âïž Structured under the Investment Company Act of 1940 â known for strict, professional-grade regulation đïžđ
âïž Designed to attract institutional investors, not just everyday retail traders đđ
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đ New ETF Products Released
1ïžâŁ FTSE Crypto 10 Index ETF (TTOP) â đž 0.50% fee
2ïžâŁ FTSE Crypto 10 ex-BTC Index ETF (TXBC) â đž 0.65% fee
đ These aren't single-coin ETFs â they provide diversified exposure across multiple top assets đ
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đŻ Who Will Benefit?
đ„ Financial Advisers & Institutions seeking regulated, multi-asset crypto exposure đ§
đ Lower risk vs investing in a single volatile asset
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đ Market Impact
This development signals a powerful trend:
âĄïž Crypto is evolving from speculative trading đ„ to professionally structured financial products đđŠ
âĄïž Makes safer, easier entry for mainstream investors who donât want to pick individual tokens đïž
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đ§© Bottom Line
21Shares is betting on the next big phase of crypto adoption:
đŒ Regulation + đ Diversification + đ§ Institutional participation
This move could become a major bridge between traditional finance (Wall Street) and the digital asset economy (Web3) đđ