Crypto exchange-traded products issuer 21Shares, which has made waves in Europe with its offerings since 2018, is marking its US entrance with the launch of two new funds.
The Zug, Switzerland-based company is debuting two index funds, the 21Shares Crypto Basket 10 Index Fund, which tracks the largest coins, and the 21Shares Crypto Mid-Cap Index Fund, which also measures the performance of the biggest tokens, but excludes Bitcoin and Ether. The funds will be rebalanced and reconstituted quarterly.
“We’ve been working on products in the US since we first started, so we couldn’t be more excited to finally bring them,” ...
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