# 21Shares

> 21Shares is a Zurich-founded issuer of crypto exchange-traded products that wraps assets like Bitcoin and Ethereum in regulated, exchange-listed wrappers investors can buy through an ordinary brokerage account. Founded in 2018 by Hany Rashwan and Ophelia Snyder, it listed the world's first physically-backed crypto ETP and co-launched the ARK 21Shares Bitcoin ETF (ARKB) with Cathie Wood's ARK Invest. By late 2025 it managed over $11 billion across 55-plus listed products and was acquired by institutional prime broker FalconX.

- **Founded:** 2018
- **Headquarters:** Zurich, Switzerland
- **Founders:** Hany Rashwan (Co-Founder & former CEO (21.co)), Ophelia Snyder (Co-Founder & President)
- **Team size:** ~90-120 employees
- **Products:** HODL (21Shares Crypto Basket Index ETP), ARK 21Shares Bitcoin ETF (ARKB), Single-asset ETPs, Staking ETPs, Diversified index & 2x leveraged ETPs
- **Notable:** Listed one of the world's first physically-backed crypto ETPs (HODL) on the SIX Swiss Exchange in 2018., Co-launched the ARK 21Shares Bitcoin ETF (ARKB), which grew to roughly $3.3 billion in assets., Grew to over $11 billion in assets across 55-plus listed products by September 2025.

## Products & services

- **HODL (21Shares Crypto Basket Index ETP)** — One of the world's first physically-backed crypto ETPs, an index basket of major digital assets listed on the SIX Swiss Exchange.
- **ARK 21Shares Bitcoin ETF (ARKB)** — US spot Bitcoin ETF co-launched with Cathie Wood's ARK Invest, listed on Cboe BZX; grew to roughly $3.3 billion in assets.
- **Single-asset ETPs** — Physically-backed products tracking Bitcoin, Ethereum, Solana, XRP, Dogecoin, Polkadot and other assets held in institutional cold storage.
- **Staking ETPs** — Products that pass on on-chain staking rewards to investors inside a regulated wrapper, including an early staking ETP.
- **Diversified index & 2x leveraged ETPs** — Basket index products and leveraged strategies for investors wanting multi-asset or amplified exposure.
- **Onyx** — Proprietary technology platform used to issue and operate crypto ETPs for 21Shares and third parties.

## Achievements

- Listed one of the world's first physically-backed crypto ETPs (HODL) on the SIX Swiss Exchange in 2018.
- Co-launched the ARK 21Shares Bitcoin ETF (ARKB), which grew to roughly $3.3 billion in assets.
- Grew to over $11 billion in assets across 55-plus listed products by September 2025.
- Reached a $2 billion valuation as parent 21.co, described as Switzerland's largest crypto unicorn.
- Launched an early staking ETP, passing on-chain rewards to investors in a regulated wrapper.
- Acquired by institutional prime broker FalconX in October 2025.

## Latest updates

- **2025-10** — FalconX agreed to acquire 21Shares, later completing the deal; 21Shares remains independently managed under FalconX ownership.
- **2025-09** — Assets under management surpassed $11 billion across 55-plus listed products.
- **2024-12** — Parent 21.co announced a new operating structure, splitting 21Shares and 21.co Technologies into separate entities.
- **2024-01** — ARK 21Shares Bitcoin ETF (ARKB) began trading on Cboe BZX as US spot Bitcoin ETFs were approved.

## Links

- Website: https://21shares.com
- LinkedIn: https://www.linkedin.com/company/21shares
- Twitter/X: https://twitter.com/21shares

---

Profile page: https://yespress.io/21shares
Published by YesPress — https://yespress.io
Last updated: 2026-08-14