21 stocks has launched a new multi-crypto ETP, positioned as Europe's most diversified basket, offering exposure to both fundamental and emerging digital asset sectors.
This ETP is positioned as the most diverse cryptocurrency basket ETP in Europe.
of 21Shares Crypto Index ETP Future listed in euronext paris In euros (ticker: FUTRFP) and thereafter euronext amsterdam In US dollars (Futol NA).
Covering more than 80% of the entire ecosystem, the ETP leverages a dynamic sector allocation strategy designed to balance the portfolio between proven technologies and newer, high-growth opportunities.
It uses full direct “physical” replication, with each ETP share being transferred by a corresponding investment in the entire underlying crypto asset stored using an institutional-grade cold storage custody solution. 100% guaranteed.
Hany Rashwan, co-founder and CEO of 21Shares, commented: “Since its founding in 2018, 21Shares has been at the forefront of increasing global access to the crypto asset class, offering investors a six-year track record in developing, launching and managing crypto assets.” ETP .
“21Shares’ first crypto mega-theme ETP, FUTR represents the next evolution of the company’s European product lineup and is a potential investment for investors looking for the next step after investing in Bitcoin and Ethereum. It will be a great opportunity.”
methodology
ETP is 21Shares Future of Crypto Indexemploys the Global Crypto Classification Standard (GCCS) to systematically classify different projects and crypto assets in the ecosystem. This criterion allows the index to provide targeted exposure to six key subthemes that are expected to drive significant growth in the crypto market. Each subtheme has a specified target weight within the overall basket.
- Payment platform (30% of target weight): These are blockchains or protocols that specialize in transferring value.
- Smart contract platform (30%): These are foundational blockchains that support general-purpose programmability, allowing developers to create smart contracts and decentralized applications (dApps).
- Blockchain accelerator (10%): These are auxiliary blockchains that significantly enhance the transactional capabilities of the primary blockchain while maintaining its security features.
- Decentralized finance (10%): This subtheme consists of digital-first financial systems that operate independently of centralized organizations such as banks and brokers.
- AI and data solutions (10%): These platforms integrate artificial intelligence and data processing technologies to improve various functions within the crypto ecosystem.
- Social and gaming (10%): This subtheme fuses blockchain and cryptography with the gaming industry and incorporates social features that encourage user interaction and community engagement.
Selection criteria within each subtheme excludes meme tokens, privacy tokens, or assets with daily trading liquidity of less than $2 million. Typically, assets are weighted by market capitalization, with certain specificities leading to unique allocations, such as Bitcoin exclusively representing the payments platform subtheme with a 30% weighting and Ethereum having a consistent 20% weighting within its category. rules apply. After weighting, crypto assets below the 0.5% threshold are removed from the index and their weight is reallocated to the remaining assets within that subtheme.
The ETP is currently invested in the following crypto assets: Bitcoin (29.4%), Ethereum (20.0%), Solana (7.5%), Uniswap (6.6%), Chainlink (6.2%), AAVE (2.9%) , Polygon Ecosystem Token (2.7%), Axie Infinity (2.6%), Stacks (2.6%), Chiliz (2.4%), The Sandbox (2.3%), Decentraland (2.1%), Filecoin (2.0%), Optimism (1.9 %), Arbitrum (1.9%), The Graph (1.5%), Cardano (1.4%), Lido DAO (1.3%), Avalanche (1.2%), Mask Network (0.9%), Starknet (0.7%).
