21Shares Files for FTSE-Tracked Crypto ETFs, Including Bitcoin and Ex-Bitcoin Options, Amid Regulatory Uncertainty
2025-07-19 03:37:50
Main Idea
21Shares has filed with the SEC for two new FTSE Russell-indexed crypto ETFs, aiming to provide diversified and accessible investment options while navigating regulatory challenges.
Key Points
1. 21Shares submitted a registration statement to the SEC for the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF, tracking the top ten cryptocurrencies with and without Bitcoin, respectively.
2. The ETFs leverage FTSE Russell's methodology to enhance credibility and accessibility, simplifying crypto investment for traditional investors.
3. The products offer benefits like simplified access, diversification, and regulatory compliance, with the ex-BTC ETF providing targeted altcoin exposure.
4. The SEC's cautious approach to crypto ETFs focuses on market manipulation, custody security, and valuation transparency, with spot ETFs facing higher scrutiny than futures ETFs.
5. The filing signals potential for increased institutional capital inflows and broader integration of traditional finance with the crypto ecosystem.
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! 21Shares has filed
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