21Shares Advances Crypto ETF Innovation with FTSE Crypto 10 Index ETF Filing Featuring Bitcoin Exclusion
2025-07-19 05:05:04
Main Idea
21Shares has filed two new crypto index ETF proposals with the SEC, tracking the FTSE Crypto 10 Index and FTSE Crypto 10 ex-BTC Index, signaling industry innovation amid unclear SEC guidelines.
Key Points
1. 21Shares partnered with Teucrium ETFs to file two new crypto index ETF proposals with the SEC on July 19.
2. The proposed ETFs are the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF.
3. Both ETFs will track the FTSE Crypto 10 Index, with one excluding Bitcoin.
4. The ETFs will be structured under the Investment Company Act of 1940, similar to the Rex-Osprey Solana Staking ETF.
5. The filings highlight industry innovation despite the lack of definitive SEC guidelines on crypto ETFs.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! On July 19,
Latest News
- Dogecoin Shows Potential to Break Six-Year Bearish Trend Amid Rising Q3 Momentum2025-07-19 15:32:53
- FHFA Directive on Bitcoin in Mortgage Risk Assessments May Overlook Self-Custodied Assets and Increase Counterparty Risk2025-07-19 15:17:05
- SharpLink Gaming and Others May Expand Ethereum Holdings Amid Rising Corporate Accumulation Trends2025-07-19 15:16:47
- XRP Price Could Potentially Enter Parabolic Rally Amid Key Resistance Tests and Technical Signals2025-07-19 15:04:57
- Stellar Lumens (XLM) Shows Bullish Flag Breakout, Potentially Targeting $1 Amid Market Recovery2025-07-19 15:03:42