The dynamic index approach provides diversified exposure to the top sectors driving the next evolution of the crypto ecosystem.

FRANKFURT, Germany (October 15, 2024) - MarketVector IndexesTM (“MarketVector”), a premier provider of innovative index solutions, proudly announces that the MarketVector-developed 21Shares Future of Crypto Index (21FOC) is used as underlying for the newly launched 21Shares Future of Crypto Index ETP (FUTR). This cutting-edge index provides the foundation for the product, offering a comprehensive framework to capture growth across the most promising sectors in the digital asset landscape.

The 21Shares Future of Crypto Index (21FOC) leverages MarketVector’s expertise in creating dynamic and market-responsive index strategies. Designed to track six significant megathemes—Payment Platforms, Smart Contract Platforms, Blockchain Accelerators, Decentralized Finance (DeFi), AI and Data Solutions, and Social and Gaming—the index provides broad exposure to over 80% of the crypto market. It utilizes a market-capitalization weighted approach and excludes low-liquidity assets, ensuring quality and alignment with emerging trends. 

“The 21Shares Future of Crypto Index represents a significant step in advancing index innovation in the digital asset space," said Steven Schoenfeld, CEO of MarketVector Indexes. "21FOC provides a dynamic framework for tracking key sectors driving the next phase of crypto growth. We're excited to partner with 21Shares on this forward-thinking, innovative product."

With a commitment to rigorous methodology and market alignment, MarketVector continues to be a leader in supporting digital asset adoption through best-in-class index solutions. The launch of FUTR highlights the firm’s dedication to providing investors with diversified exposure to the evolving crypto market, setting a new standard for thematic index products.

“With the launch of FUTR, 21Shares is thrilled to leverage the firm’s world-class product development and research capabilities to bring investors access to a future-oriented, broad-based index offering easy exposure to the most promising sectors of the crypto ecosystem,” said Hany Rashwan, Co-Founder and CEO of 21Shares.

For more information on the index, visit MarketVector’s index page.

 

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