The people want ETFs. And in those ETFs they want equities … and crypto. Those are the two most important categories to retail investors, according to data from a survey commissioned by BlackRock, which included 5,000 respondents in July and August. The report, published Thursday, shows changing priorities, particularly among young investors. While 66% of US investors said they owned individual stocks, 43% reported holding mutual funds. Bonds (29%), crypto assets (27%) and ETFs (23%) were behind. Still, E ...

Core Insights - 21shares has launched two new cryptocurrency index ETFs, the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC), marking the first crypto index ETFs registered under the Investment Company Act of 1940, catering to the increasing demand for regulated digital asset exposure in the U.S. market [1][8] Product Overview - The TTOP ETF tracks the FTSE Crypto 10 Select Index, which is a market cap-weighted index of the top ten largest crypto assets globally, with a management fee of 0.50% and quarterly rebalancing to reflect market changes [4] - The TXBC ETF tracks the FTSE Crypto 10 ex Bitcoin Select Index, focusing on cryptocurrencies and blockchain networks beyond Bitcoin, with a management fee of 0.65% [5][6] Market Demand and Strategy - The introduction of these ETFs responds to investor demand for a simple, regulated way to access the cryptocurrency market as a whole, rather than selecting individual tokens, providing a diversified approach to digital asset investment [3][6] - 21shares aims to leverage its partnership with FalconX to enhance its market presence and expand its offerings in the U.S. and other global markets [8][9] Industry Context - The launch of TTOP and TXBC reflects a growing trend in the financial industry towards providing regulated investment vehicles for digital assets, similar to traditional index products in conventional markets [3][7]