Overview
The 21Shares Crypto Basket 10 Core ETP (HODLX) is a 100% physically backed exchange-traded product offering exposure to the top 10 digital assets by market capitalization. Designed for cost efficiency and diversification, HODLX combines the stability of Bitcoin and Ethereum with the growth potential of other leading cryptocurrencies.
Key Features
- Diversified Exposure: Tracks the 10 largest cryptocurrencies, reducing single-asset risk.
- Quarterly Rebalancing: Maintains optimal weightings to align with market trends.
- Cold Storage Security: Underlying assets are held in institutional-grade custody.
- Tax Efficiency: Structured for potential capital gains tax benefits in certain jurisdictions (e.g., Germany).
👉 Discover how HODLX enhances portfolio diversification
Benefits of Investing in HODLX
Exceptional Value
- Broad market coverage through a single ETP.
- Lower costs compared to individual crypto purchases.
Simplified Management
- Automated rebalancing minimizes volatility impact.
- Professional oversight ensures adherence to strategy.
Security & Transparency
- 100% physical backing with auditable reserves.
- Climate-conscious initiatives via 21Shares’ sustainability projects.
Key Details
| Attribute | Detail |
|---|---|
| Primary Exchange | Cboe BZX Exchange, Inc. |
| Custodian | Copper Technologies (Switzerland) AG |
| Market Maker | Flow Traders, GHCO |
| Tax Note | Potential exemption after 1+ year holding |
Performance & Trading
- Historical data (via Alpha Vantage/CryptoCompare) is illustrative—past performance ≠future results.
- Median Bid/Ask Spread: Competitive liquidity for efficient trading.
How to Invest
- Select a Broker: Available on major platforms (list curated for relevance).
- Place an Order: Choose market, limit, or stop-loss options.
- Monitor: Track performance via your brokerage account.
👉 Start trading HODLX today
FAQs
Q: Is HODLX suitable for long-term investors?
A: Yes, its diversified basket and tax-efficient structure make it ideal for buy-and-hold strategies.
Q: How often is the basket rebalanced?
A: Quarterly to maintain target allocations and reduce concentration risk.
Q: What safeguards protect investors?
A: Cold storage custody and institutional-grade security protocols.
Q: Does 21Shares support sustainability?
A: Yes, via climate projects like reforestation and clean energy since 2021.
Why Choose 21Shares?
21Shares pioneers regulated crypto ETPs with transparency, innovation, and investor-centric design. HODLX exemplifies their mission to bridge traditional finance and digital assets.
For educational purposes only. Not financial advice.
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