PANews reported on November 14th that, in accordance to The Block, cryptocurrency ETF supplier 21Shares has launched two cryptocurrency index ETFs, offering buyers with entry to Bitcoin, Solana, Ethereum, and Dogecoin. On Thursday, the corporate launched the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 Index (excluding Bitcoin) ETF (TXBC), each among the many first cryptocurrency index ETFs registered underneath the Funding Firm Act of 1940. TTOP has a administration payment of 0.50% and tracks a market capitalization-weighted index of the ten largest cryptocurrencies; TXBC has a administration payment of 0.65% and invests solely in cryptocurrencies and blockchain networks with “real-world functions past Bitcoin macro hedging.” The assertion signifies that these two ETFs have been launched collectively by 21Shares and advisory agency Teucrium.
