21Shares, the world’s largest issuer of crypto exchange traded products (ETP), has entered the US market with two tracker funds offering exposure to some of the largest assets in the digital space.
The Crypto Basket 10 Index Fund and the Crypto Mid-Cap Index Fund, launched by 21Shares US Advisers, are private placements tracking indices developed by index provider Vinter, and are available to accredited US investors. The Crypto Basket 10 Index Fund tracks the prices of the top 10 cryptocurrencies available on US exchanges, based on market capitalisation. The Mid-Cap Index Fund, which omits exposure to bitcoin and ether, offers exposure to the next eight cryptoassets with the highest marke