21shares Launches TKNS, Its First Actively Managed Crypto ETF, Bringing Dynamic Digital Asset Exposure to U.S. Investors

21shares, a leading issuer of crypto exchange-traded funds (ETFs), introduced the 21shares Active Crypto ETF (TKNS) on NASDAQ on May 14, 2026. This marks the company’s first actively managed crypto ETF in the U.S., designed to provide investors with disciplined, systematic exposure to digital assets beyond passive index tracking. TKNS seeks total return by investing at least 80% of its net assets in crypto assets or related investments, blending Bitcoin’s core role with diversified allocations informed by market conditions, valuation metrics, and proprietary research. Unlike passive ETFs, TKNS dynamically adjusts portfolio exposures using market regime analysis, derivatives data, and blockchain indicators to respond to shifting conditions. The ETF targets investors viewing crypto as a strategic allocation rather than a short-term trade, offering cycle-aware management, diversified exposure, and a systematic risk framework. TKNS is structured as a traditional 1940 Act ETF, providing exchange-based trading, transparency, and simplified tax reporting. Its gross expense ratio is 1.05%. 21shares, a subsidiary of FalconX, has a seven-year track record in crypto ETPs and operates independently while leveraging FalconX’s resources. The company emphasizes accessibility, bridging traditional finance and decentralized markets with research-driven, cost-efficient solutions. TKNS reflects this evolution, catering to sophisticated investors seeking professional management in crypto asset strategies.