21shares Launches First-Ever Crypto Market Index ETFs Registered Under the ’40 Act in the U.S.

21shares launches the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC), offering investors adaptive exposure to the top 10 crypto assets – available for the first time in a regulated ’40 Act ETF structure

New products follow 21shares joining forces with FalconX to meet growing institutional and retail demand for regulated digital asset exposure

NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- 21shares, one of the world’s largest issuers of cryptocurrency exchange-traded products (ETPs), today announced the launch of the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC). The launch represents the first crypto index ETFs registered under the Investment Company Act of 1940 (“40 Act”), underscoring the growing appetite for crypto-asset exchange-traded products in the U.S. market and offering investors one-ticker solutions to participate in this growth under the same regulatory framework as conventional ETFs.

The 21Shares Crypto Index ETFs, TTOP and TXBC, allow investors access to top digital assets – such as Bitcoin as a store of value, Ethereum and Solana for smart contracts and DeFi, and Dogecoin as a community asset – without the need to manage wallets or keys. In addition, given the ever-evolving nature of the crypto market, TTOP and TXBC rebalance quarterly to track the largest assets, giving investors exposure that adapts with the market and without the need for constant portfolio adjustments.

“Index products have proven to be an excellent way for investors to gain diversified exposure in traditional markets, from the S&P 500 to the Nasdaq-100,” said Federico Brokate, Global Head of Business Development at 21shares. “The same principle applies to crypto investing. Many of our clients have asked for a simple, regulated way to access the market as a whole rather than choosing individual tokens. With TTOP and TXBC, we’re bringing that familiar, diversified approach to digital assets, giving investors a single point of access to a broad set of leading cryptocurrencies within a structure designed to adjust as the market evolves.”

21Shares FTSE Crypto 10 Index ETF (TTOP)

The 21Shares FTSE Crypto 10 Index ETF (TTOP), with a management fee of 0.50%, tracks the FTSE Crypto 10 Select Index, a market cap-weighted index of the top ten largest crypto assets globally. This index is rebalanced quarterly, adjusting to reflect the size of each asset. Larger cryptocurrencies naturally hold greater weights, capturing the evolving landscape of the crypto space.