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Swiss ETP issuer 21Shares launches 2 crypto index funds in the US market

Summary: 21Shares US Advisers has launched two index fund: the Crypto Basket 10 Index Fund and the Crypto Mid-Cap Index Fund. With these two index fund products, 21Shares has successfully entered into the US market and both products are only available for trading by qualified investors. The Crypto Basket 10 Index Fund will track the prices ...

21Shares US Advisers has launched two index fund: the Crypto Basket 10 Index Fund and the Crypto Mid-Cap Index Fund. With these two index fund products, 21Shares has successfully entered into the US market and both products are only available for trading by qualified investors. The Crypto Basket 10 Index Fund will track the prices of the top 10 cryptocurrencies available on US exchanges by market capitalisation and the 21Shares Mid-Cap Index Fund will track the third to tenth largest cryptocurrencies by market capitalisation (i.e. excluding Bitcoin and Ethereum). Author：Zeqi YI