The post 21Shares Launches New Crypto Index ETFs, Filling Market Gaps appeared on BitcoinEthereumNews.com. Key Points: 21Shares introduces two new cryptocurrency index ETFs. The move aims to diversify digital asset exposure. Indexes include top 10 cryptocurrencies by market cap. WisdomTree’s Digital Assets Head, Will Peck, forecasted the rise of multi-asset cryptocurrency ETFs, while 21Shares launched two new indexes on November 16, broadening crypto investment avenues. These developments signify increased market diversification for investors, potentially reducing single-token risks and enhancing access to digital asset ecosystems, as noted by industry leaders. 21Shares ETF Launch Marks Significant Market Integration On November 16, asset management firm 21Shares announced launching two new cryptocurrency index ETFs, offering exposure to the top ten crypto assets by market capitalization. The 21Shares FTSE Crypto 10 Index ETF and the ex-BTC version track the FTSE Russell Crypto Index. These ETFs provide diversified exposure to digital assets, mitigating the risks associated with investing in a single token. This aligns with Will Peck’s vision of cryptocurrencies as a diverse technology-based portfolio rather than a unified asset class. Peck emphasized, “We refer to cryptocurrency as an asset class, but it’s actually a technology, and the underlying return drivers of each token are actually quite different…just because we’re at this stage of the market right now.” The Bridge Conference Market reactions to these products have been positive, viewed as a step towards integrating crypto with traditional finance. Will Peck emphasized the potential for these products to positively influence institutional flows, as seen with WisdomTree’s prior offerings. Institutional Interest Grows Amid Multi-Asset ETF Offerings Did you know? Multi-asset ETFs like the ones launched by 21Shares could potentially attract significant institutional investment, much like WisdomTree’s tokenized money market fund that saw assets under management grow from 12 million to 486 million by 2025. According to CoinMarketCap, Bitcoin, with a current price of $95,362.56, holds a market cap of approximately 1.90… The post 21Shares Launches New Crypto Index ETFs, Filling Market Gaps appeared on BitcoinEthereumNews.com. Key Points: 21Shares introduces two new cryptocurrency index ETFs. The move aims to diversify digital asset exposure. Indexes include top 10 cryptocurrencies by market cap. WisdomTree’s Digital Assets Head, Will Peck, forecasted the rise of multi-asset cryptocurrency ETFs, while 21Shares launched two new indexes on November 16, broadening crypto investment avenues. These developments signify increased market diversification for investors, potentially reducing single-token risks and enhancing access to digital asset ecosystems, as noted by industry leaders. 21Shares ETF Launch Marks Significant Market Integration On November 16, asset management firm 21Shares announced launching two new cryptocurrency index ETFs, offering exposure to the top ten crypto assets by market capitalization. The 21Shares FTSE Crypto 10 Index ETF and the ex-BTC version track the FTSE Russell Crypto Index. These ETFs provide diversified exposure to digital assets, mitigating the risks associated with investing in a single token. This aligns with Will Peck’s vision of cryptocurrencies as a diverse technology-based portfolio rather than a unified asset class. Peck emphasized, “We refer to cryptocurrency as an asset class, but it’s actually a technology, and the underlying return drivers of each token are actually quite different…just because we’re at this stage of the market right now.” The Bridge Conference Market reactions to these products have been positive, viewed as a step towards integrating crypto with traditional finance. Will Peck emphasized the potential for these products to positively influence institutional flows, as seen with WisdomTree’s prior offerings. Institutional Interest Grows Amid Multi-Asset ETF Offerings Did you know? Multi-asset ETFs like the ones launched by 21Shares could potentially attract significant institutional investment, much like WisdomTree’s tokenized money market fund that saw assets under management grow from 12 million to 486 million by 2025. According to CoinMarketCap, Bitcoin, with a current price of $95,362.56, holds a market cap of approximately 1.90…