Introduction of New Crypto Market Index ETFs

21Shares has launched two new crypto market index ETFs—FTSE Crypto 10 Index ETF and FTSE Crypto 10 ex-BTC Index ETF—offering diversified exposure to top cryptocurrencies, as announced on November 13, 2025.

These ETFs provide institution-grade access to multiple cryptocurrencies, potentially increasing institutional interest and trading volumes, particularly benefiting Ethereum, Solana, and Dogecoin.

Details of the FTSE Crypto 10 Index ETFs

21Shares AG has launched two new crypto market index ETFs; they offer exposure to major cryptocurrencies. Split into FTSE Crypto 10 Index ETF (TTOP) and FTSE Crypto 10 ex-BTC Index ETF (TXBC), these funds include Bitcoin, Ethereum, Solana, and Dogecoin.

Managed by Hany Rashwan and Ophelia Snyder, 21Shares aims to simplify access to crypto through these ETFs. The funds are regulated under the Investment Company Act of 1940, marking a notable step for compliant crypto asset management. Ophelia Snyder, Co-Founder & President, 21Shares AG, said, "These ETFs represent a significant move for compliant crypto asset management in the U.S."

Market Impact and Financial Implications

The introduction of these ETFs may influence liquidity and trading volumes of included cryptocurrencies. They provide institutional investors an opportunity for diversified exposure to top crypto assets, potentially affecting the market dynamics.

The financial implications include redistributing capital from single-asset products. Historical data from prior ETF launches shows increased institutional flows typically enhance market stability. These funds track diverse assets like Ethereum and Solana, with quarterly rebalancing based on market cap, ensuring relevant coin inclusion.

Investor Appeal and Regulatory Alignment

Insights suggest these ETFs might drive higher trading volumes and appeal to a broader investor base. While regulatory bodies like the SEC have not commented specifically, compliant structures reflect institutional endorsement and regulatory alignment, likely encouraging further adoption.

"TTOP tracks the ten largest cryptocurrencies by market cap, while TXBC includes leading altcoins, providing targeted exposure to the next wave of innovation in crypto," said in a statement.