21Shares, Teucrium Dem File FTSE Crypto 10 and Ex-BTC ETFs Under 1940 Act

21Shares an Teucrium don don file two crypto ETF proposals wit SEC under Investment Company Act wey dem put for 1940: FTSE Crypto 10 Index ETF wey go dey track market-cap-weighted basket of top ten digital assets, an FTSE Crypto 10 ex-BTC Index ETF wey no include Bitcoin to focus on top altcoins. Dem filings use the new regulatory clarity from da GENIUS Act and e follow di structure of Rex-Osprey’s Solana staking ETF. Institutional demand for crypto ETFs still dey strong: spot Bitcoin ETFs get net inflow of $799.4 million on July 16 and over $53.8 billion total, while Ethereum ETFs make one-day record wit $726.7 million. Analysts expect say these SEC filings go make crypto ETFs easier for US investors, go improve portfolio diversification, an go help digital assets join traditional finance more.
Bullish
Di proposals dem dey bullish for di crypto market. Short term, SEC filings under di Investment Company Act and GENIUS Act dey boost confidence and fit trigger immediate inflows into both Bitcoin and ex-BTC ETFs. Di strong institutional demand wey recent record net inflows show support di positive momentum. For long term, diversified ETF products fit broaden di investor base, reduce Bitcoin dominance, and stabilize trading volumes, as historical ETF approvals don drive sustained asset price support and deeper market participation.