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TXBC

GradeCNew York Stock Exchange Arca

21Shares FTSE Crypto 10 ex-BTC Index ETF

Crypto · 21Shares · Inception 2025-11-13 · SEC filings

$18.48−0.67 (−3.52%)

As of Sep 23, 2026, 2:13 PM EDT

History starts Nov 13, 2025.History starts Nov 13, 2025.
Intraday session: down, 4 prints from 19.15 to 18.48. Range 18.48 to 19.15. Use the arrow keys to read each point.$18.60$18.80$19.00$19.2010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$1M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$19.08
52W range
low $11.68high $25.53

The ETF.net TXBC Grade

C

40/ 100

Rank 8 of 10 in Spot Crypto Basket⁠

Confidence High

Six-pillar profile for TXBC. Scores out of 100: Cost 35, Risk 39, Mission 100, Tradability 20, Holdings 61, Durability 43. Strongest: Mission (100). Weakest: Tradability (20). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned52This cap took−12Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 35
    Category rank7/10 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank6/6 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 39
    Category rank6/9 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 20
    Category rank9/10 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 61
    Category rank1/4 · top 25%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 43
    Category rank8/10 · bottom quartile

Graded as of Sep 22, 2026

Our read on TXBC

ETF.net Research

CBitcoin is the crypto most people already own. TXBC leaves it out on purpose, tracking a market-cap-weighted index of the ten largest coins after BTC (Ethereum, Solana, Dogecoin and company) inside a 1940 Act fund wrapper.

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

  1. 01The altcoin-only slice: a rules-based basket of the top crypto assets excluding Bitcoin, market-cap weighted and rebalanced quarterly as the ranking shifts.21shares.comglobenewswire.com
  2. 02Among the first crypto index ETFs registered under the Investment Company Act of 1940, the same wrapper stock and bond ETFs use.globenewswire.com
  3. 03The 0.65% management fee lands under the median for its crypto-basket peers and level with DECO and BITS, though BKCH runs cheaper at 0.50%.
  4. 04Bought in a brokerage account like any other ETF: no wallets, keys or exchange logins to manage.globenewswire.com

Worth knowing

  1. 01Exposure is indirect. The fund uses crypto-linked products and derivatives rather than holding coins, which puts a layer of machinery between it and the index.
  2. 02Launched in November 2025, it is still a small, thinly traded fund, so spreads and order type matter more here than with a household name.
  3. 03Cutting Bitcoin also cuts crypto's largest and most established asset, leaving a concentrated ten-coin basket that can swing hard in both directions.21shares.com

TXBC Holdings

As of Sep 20, 2026, 6:36 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
TETH49.5%

Geography

  • United States81.76%
  • Switzerland18.24%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TETH21Shares Ethereum Staking ETF49.52%47,709$583K3
002ABNB.SW21Shares Binance BNB ETP16.31%4,000$192K3
003TOXR21shares XRP ETF13.62%12,695$160K2
004TSOL21Shares Solana Staking ETF10.03%12,008$118K3
005THYP21shares Hyperliquid Staking ETF3.59%876$42K3
006TDOG21Shares Dogecoin ETF2.12%1,521$25K3
007—21Shares Chainlink ETP1.37%1,407$16K3
008AADA.SW21Shares Cardano ETP1.28%4,159$15K2
009—21Shares Stellar ETP1.05%1,485$12K1
010—21shares Canton Network ETP0.66%409$8K3
011—US BANK MMDA - USBGFS 9 09/01/20370.42%4,887$5K161
012—Cash & Other0.04%482$482674

Showing 1–12 of 12 holdings

TXBC Performance

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

TXBC$9,206
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. TXBC $9,206. SPY $11,430. Use the arrow keys to read each point.$5,223$8,577$11,931Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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−7.9%
1 month+16.3%
3 months+47.5%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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−7.9%
2025−11.4%

Since listing, Nov 13, 2025

TXBC in the news

ETF.net Research hasn’t filed on TXBC yet — coverage lands here as it’s written.

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 Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Nov 2025. No distributions yet.

TXBC Risk

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.

TXBC Cost

Expense ratio0.65%
  • The middle half of Spot Crypto Basket funds
  • Median 0.58%

6 of the 10 Spot Crypto Basket funds charge less.

TXBC costs $65.00 a year on $10,000. The median Spot Crypto Basket fund costs $58.50.