Skip to content
etf.net

Launched · SEC filings

21Shares FTSE Crypto 10 ex-BTC Index ETF

TXBCNYSE Arca21SharesC

$15.88+0.04 (+0.25%)

As of Nov 2, 2026, 3:24 PM ET

C40/ 100

Rank 8 of 10 in Spot Crypto Basket

C40/100Rank 8 of 10inSpot Crypto Basket
Intraday session: up, 66 prints from 15.84 to 15.88. Range 15.72 to 15.88. Use the arrow keys to read each point.15.7215.7515.7815.8010 AM12 PM2 PM4 PM
Expense ratio
1.34%
Fund size
$1M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
11
Avg volume · 30D
1.79K sh
52W range
low $11.68high $25.53
Launched
Filings
SEC EDGAR

The ETF.net TXBC Grade

C

Score 40 out of 100

Category
Spot Crypto Basket⁠
Rank
8 of 10
Six-pillar profile for TXBC. Scores out of 100: Cost 14, Risk 33, Mission 100, Tradability 17, Holdings 64, Durability 40. Strongest: Mission (100). Weakest: Cost (14). Leans toward Mission.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
45
This cap took
−5
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F14 out of 100
    Rank 9 of 10

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 8

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D33 out of 100
    Rank 8 of 10

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F17 out of 100
    Rank 9 of 10

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B64 out of 100
    Rank 1 of 6

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C40 out of 100
    Rank 8 of 10

Our read on TXBC

ETF.net Research

In short

CMost crypto baskets are really a bitcoin fund with sprinkles. TXBC removes bitcoin outright and tracks FTSE's next 10 coins by market cap, in a 1940 Act ETF wrapper crypto rarely gets. Fee: 1.34%, no waiver.

Stated mandate

The Fund seeks to track the price performance of the FTSE Crypto 10 ex Bitcoin Select Index before fees and expenses. It uses a passive indexing strategy and does not seek to outperform the Index.

Why people hold it

  • The whole point is the subtraction: it tracks the FTSE Crypto 10 ex Bitcoin Select Index, so ether and the rest of the field set the pace instead of trailing behind BTC's gravity.21shares.com
  • One of the first crypto index ETFs to launch under the Investment Company Act of 1940, the framework behind conventional ETFs rather than the commodity-trust route.cbs42.com
  • A literal mandate: 21Shares states it tracks the index and does not seek to outperform it. No manager hand-picking tokens, no drift from what the name promises.21shares.com

Worth knowing

  • At 1.34% with no fee waiver in place, it sits above the typical cost in its peer group: Franklin's EZPZ charges 0.19%, Grayscale's GDLC 0.59%, Bitwise's BITW 0.75%.
  • Small and thinly traded next to the category's heavyweights, so spreads and limit orders carry more weight here.
  • Exposure comes through crypto ETPs and derivatives rather than coins held directly, and the fund is non-diversified with no distributions paid.

TXBC Holdings

Holdings pillarB64 out of 100Rank 1 of 6 in Spot Crypto Basket
Asset class
Other
Holdings
11
Top-10 weight
99%
Largest holding
TETH48.4%

Geography

  • United States80.73%
  • Switzerland19.27%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1TETH21Shares Ethereum Staking ETF48.38%48,019$559K3
2ABNB.SW21Shares Binance BNB ETP17.22%4,040$199K2
3TOXR21shares XRP ETF13.39%12,426$155K2
4TSOL21Shares Solana Staking ETF9.57%11,365$111K3
5THYP21shares Hyperliquid Staking ETF3.82%813$44.2K4
6TDOG21Shares Dogecoin ETF2.10%1,521$24.2K2
7No data21Shares Chainlink ETP1.45%1,407$16.8K3
8No dataUs Bank Mmda - Usbgfs 9 09/01/20371.23%14,220$14.2K163
9AADA.SW21Shares Cardano ETP1.23%3,986$14.2K2
10No data21Shares Stellar ETP0.98%1,485$11.3K1
11No data21shares Canton Network ETP0.67%409$7.75K3

Showing 1–11 of 11 holdings

TXBC Performance

Launched Nov 13, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
TXBC$7,619
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. TXBC $7,619. SPY $11,169. Use the arrow keys to read each point.$6,000$8,000$10,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for TXBC. Periods over one year show the average yearly return.
PeriodTXBC
Year to date−23.8%
1 month−15.0%
3 months+21.1%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TXBC
YearReturn barTXBC
2026 YTD−23.8%
2025−11.4%

Since listing, Nov 13, 2025

TXBC in the news

TXBC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Nov 2025. No distributions yet.

TXBC Risk

Risk pillarD33 out of 100Rank 8 of 10 in Spot Crypto Basket
How much the fund’s monthly returns vary, scaled to a year.
Launched Nov 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Nov 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Nov 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.56
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

TXBC Cost

Compare TXBC and EZPZ

Overpaying vs EZPZ, cheapest in Spot Crypto Basket

$20,013

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TXBC 1.34%

    $23,965

  • EZPZ 0.19% Cheapest

    $3,952

$10,000
30 years

Cost over time

  • TXBC 1.34%
  • EZPZ 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530TXBC $23,965EZPZ $3,952

Year by year

YearTXBCEZPZOverpaying
10$2,329$347$1,982
20$8,621$1,351$7,270
30$23,965$3,952$20,013

Other funds in Spot Crypto Basket

See others