[21Shares Launches Two Cryptocurrency Index ETFs Under U.S. SEC '1940 Act' Regulatory Framework] Odaily Planet Daily News – Asset management company 21Shares has announced the launch of the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC). Both products are regulated under the Investment Company Act of 1940. This framework is typically applied to U.S. mutual funds and traditional ETFs, requiring stricter custody and disclosure standards. The two ETFs track FTSE Russell cryptocurrency indices, providing investors with diversified digital asset exposure by holding a portfolio of top market-cap cryptocurrencies. 21Shares was recently acquired by FalconX but will continue to operate independently under its umbrella. (Cointelegraph)