TechFlow, November 14 — According to Cointelegraph, asset management firm 21Shares has launched two cryptocurrency index exchange-traded funds (ETFs) regulated under the Investment Company Act of 1940, marking the first time digital asset products adopt the same disclosure and governance rules as traditional U.S. investment funds.
The new products include the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC), which provide investors diversified exposure to digital assets by tracking FTSE Russell cryptocurrency indices and holding baskets of top-ranked cryptocurrencies by market capitalization.
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