STOCK TITAN

21shares Named to Inaugural Fortune Crypto 100 List

(Neutral)
(Neutral)
Tags

21shares (NASDAQ:TXXS) was named to the inaugural Fortune Crypto 100 list in the DATs and ETFs category. The recognition follows multiple U.S. product launches, including THYP, described as the first Hyperliquid ETF available to U.S. investors.

21shares offers over 60 crypto ETPs globally and 15 in the U.S., spanning single-asset, index, leveraged, and active strategies. The firm is emphasizing U.S. expansion and broader investor access to digital assets via crypto ETPs.

Loading...
Loading translation...

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • None.

Negative

  • None.

News Market Reaction – TXXS

+7.82%
+7.82% News Effect

On the day this news was published, TXXS gained 7.82%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

What This Means

The stock moved +7.8% in the session following this news. A strong positive reaction aligns with the...
Analysis

The stock moved +7.8% in the session following this news. A strong positive reaction aligns with the company’s ongoing push to expand its crypto ETF footprint, highlighted by recognition in the Fortune Crypto 100 and a lineup of more than 60 ETPs globally and 15 in the U.S. Historically, however, shares have often sold off after product launches, so traders would have watched whether enthusiasm faded as seen following the -8.8% move on May 12, 2026 and other recent declines.

Key Figures

TKNS expense ratio: 1.05% TSUI distribution: $0.048174 TDOT distribution: $0.090846 +5 more
8 metrics
TKNS expense ratio 1.05% Gross expense ratio for 21shares Active Crypto ETF (TKNS)
TSUI distribution $0.048174 Staking reward distribution for 21shares Sui ETF (TSUI)
TDOT distribution $0.090846 Staking reward distribution for 21shares Polkadot ETF (TDOT)
THYP fee 0.30% Expense ratio for 21shares Hyperliquid ETF (THYP)
TXXH fee 1.89% Expense ratio for 21shares 2x Long Hyperliquid ETF (TXXH)
TCAN fee 0.50% Gross expense ratio for 21shares Canton Network ETF (TCAN)
Crypto ETPs issued over 60 Number of crypto ETPs 21shares has issued internationally
U.S. ETP lineup 15 ETPs Number of ETPs brought to U.S. market across strategies

Historical Context

5 past events · Latest: May 14 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 14 Active ETF launch Positive -0.5% Launch of TKNS, first actively managed crypto ETF with 1.05% expense ratio.
May 13 Staking distributions Positive -0.5% Announcement of staking reward distributions for TSUI and TDOT ETFs.
May 13 Advisor survey Positive -6.9% Survey highlighting policy and education as key barriers to digital assets.
May 12 Hyperliquid ETFs launch Positive -8.8% Launch of THYP spot ETP and TXXH leveraged ETF tracking Hyperliquid.
May 07 Canton ETF launch Positive -4.0% Launch of TCAN, first U.S. ETF offering exposure to Canton Coin.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent product and survey announcements have generally been followed by negative price reactions, suggesting a pattern of selling into positive news.

Recent Company History

Over the past month, 21shares has focused on expanding its U.S. digital asset footprint, launching multiple ETFs such as TKNS, THYP, TXXH and TCAN, and announcing staking distributions on TSUI and TDOT. Despite these product-driven milestones and a survey underscoring advisor interest in digital assets, shares often moved lower after announcements, including moves of -8.8% on May 12, 2026 and -6.92% on May 13, 2026. Today’s Fortune Crypto 100 recognition fits into that ongoing push for U.S. and global ETF leadership.

Regulatory & Risk Context

Short Interest: 33.37%
Short Interest
33.37% of shares outstanding
as of 2026-05-29 Days to cover: 2.99

Key Terms

exchange-traded funds (etfs), exchange-traded products (etps), investment company act of 1940, spot etp, +3 more
7 terms
exchange-traded funds (etfs) financial
"21shares, one of the world’s leading issuers of crypto exchange-traded funds (ETFs)"
Exchange-traded funds (ETFs) are investment funds that pool money from many investors to buy a diverse mix of stocks, bonds, or other assets, all managed as a single package. They are traded on stock exchanges like individual stocks, allowing investors to buy or sell shares easily throughout the trading day. ETFs offer a simple way to diversify investments and access different markets or sectors without needing to buy many individual assets.
exchange-traded products (etps) financial
"over 60 crypto ETPs issued internationally"
Exchange-traded products (ETPs) are investment vehicles that trade like stocks on an exchange and give you exposure to an underlying asset, index, or strategy—examples include exchange-traded funds (ETFs) and exchange-traded notes (ETNs). They matter to investors because they make it easy and inexpensive to buy a broad market slice or specific exposure in one trade, much like buying a ready-made grocery basket, but different ETP types carry different risks such as issuer credit risk or slight performance differences from the assets they track.
investment company act of 1940 regulatory
"not registered under the Investment Company Act of 1940, as amended"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
spot etp financial
"21shares Hyperliquid ETF (THYP), a 33-Act spot ETP with staking rewards"
A spot ETP is an exchange-traded product that buys and holds the actual asset or its direct claim so its share price moves with the asset’s current market price (the spot price). Investors use it like a stock that mirrors the live value of a commodity, currency, or digital asset, making it easier to gain or reduce exposure without owning or managing the asset directly—similar to owning a slice of a shared warehouse instead of buying and storing the whole item yourself.
leveraged etf financial
"21shares 2x Long Hyperliquid ETF (TXXH), a 40-Act leveraged ETF"
A leveraged ETF is an exchange-traded fund that uses borrowing and financial contracts to amplify the daily movement of an underlying index by a fixed multiple (for example, 2x or -1x), and it resets its exposure each trading day. It matters to investors because it can magnify both gains and losses quickly—useful for short-term trading or hedging but riskier for buy-and-hold investors due to compounding and volatility effects, like using a seesaw with extra force.
staking rewards financial
"a 33-Act spot ETP with staking rewards"
Staking rewards are incentives given to individuals who commit their cryptocurrency holdings to support a blockchain network's operations, such as confirming transactions and maintaining security. Think of it like earning interest or dividends for locking up your savings or investments, encouraging people to keep their assets engaged in keeping the system running smoothly. For investors, staking rewards provide a way to earn passive income while helping to secure the network.
validator technical
"21shares will act as an active validator on the Canton Network"
A validator is a person or system that checks and confirms the accuracy and legitimacy of information, transactions, or data before they are accepted and recorded. In the context of digital assets or currencies, validators ensure that transactions follow the rules and are genuine, helping maintain trust and security in the system. For investors, validators are important because they help prevent errors or fraud, ensuring the integrity of the financial network.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

The award win, in the DATs and ETFs category, comes on the heels of a series of product launches in the U.S. market, including that of THYP – the first Hyperliquid ETF available to U.S. investors

NEW YORK, June 11, 2026 (GLOBE NEWSWIRE) -- 21shares, one of the world’s leading issuers of crypto exchange-traded funds (ETFs), today announced it has been named to the Fortune Crypto 100 list, a first-of-its-kind for the publication, highlighting the organizations that are shaping the rapidly evolving digital asset sector through innovation, influence, scale, and long-term impact. 21shares’ recognition comes in the DATs and ETFs category, underscoring the company’s success in providing investor access to a diverse array of crypto ETFs to the U.S. market and globally.

THYP is not registered under the Investment Company Act of 1940, as amended (" '40 Act"), and is not subject to the same regulations and protections as '40 Act registered ETFs and mutual funds. THYP is subject to significant risk and heightened volatility. Hyperliquid assets are not suitable for an investor who cannot afford the loss of the entire investment. An investment in THYP is not a direct investment in HYPE.

“We have been laser focused on product innovation and operational excellence – particularly in the U.S. market, where we see untapped opportunity for digital asset adoption. This is a significant stamp of recognition of that commitment and reflects our team’s ongoing initiative to provide unparalleled access to digital assets investors want most,” said Duncan Moir, President of 21shares. “As our industry continues to evolve, we look forward to continuing to play a leading role in scaling the asset class through increased exposure to accessible crypto ETF products.”

21shares continues to be a global force with over 60 crypto ETPs issued internationally. The company has focused on expanding in the U.S. market in recent years, investing in product development and bringing 15 different ETPs across single-asset, diversified index, leveraged, and actively managed funds to market. Most recently, the company launched the 21shares Hyperliquid ETF (THYP), becoming the first-ever ETF issuer in the U.S. to bring a spot HYPE product to market.

“Digital assets have become a recognized need for a well-balanced investment portfolio, and a closely watched component of the macro landscape,” added Stephen Coltman, Head of Macro at 21shares. “Providing access to these assets through crypto ETPs, a familiar and easy to incorporate investment structure, is critical in helping investors prepare for macro uncertainty.”

The full list can be found at this link.

About 21shares
21shares is one of the world’s leading cryptocurrency exchange traded product (ETP) providers and offers one of the largest suites of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21shares listed the world’s first physically-backed crypto ETP in 2018, building an eight-year track record of creating crypto ETPs that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21shares delivers innovative, simple and cost-efficient investment solutions.

21shares is a subsidiary of FalconX, one of the world's largest digital asset prime brokers. 21shares maintains independent operations from FalconX while strategically leveraging the resources and reach of FalconX to accelerate its mission and unlock new growth. For more information, please visit www.21shares.com.

Media Contact
Audrey Belloff: audrey.belloff@21shares.com
Alethea Jadick: ajadick@sloanepr.com

Important Information
Investing involves risk, including the possible loss of principal. There is no assurance that THYP (“the Fund”) will generate a profit for investors.

There are special risks associated with short selling and margin investing. Please ask your financial advisor for more information about these risks. HYPE is a relatively new asset class, and the market for HYPE is subject to rapid changes and uncertainty. HYPE is largely unregulated and HYPE investments may be more susceptible to fraud and manipulation than more regulated investments.

Crypto assets, such as HYPE, operate without central authority or banks and are not backed by any government. Crypto assets are often referred to as a “virtual asset” or “digital asset,” and operate as a decentralized, peer-to-peer financial trading platform and value storage that is used like money.

HYPE is subject to unique and substantial risks, including significant price volatility and lack of liquidity, and theft. The value of an investment in the Fund could decline significantly and without warning, including to zero. HYPE is subject to rapid price swings, including as a result of actions and statements by influencers and the media, changes in the supply of and demand for HYPE, and other factors. There is no assurance that SUI will maintain its value over the long-term.

The trading prices of many digital assets, including HYPE, have experienced extreme volatility in recent periods and may continue to do so. Extreme volatility in the future, including further declines in the trading prices of HYPE, could have a material adverse effect on the value of the Shares and the Shares could lose all or substantially all of their value.

Failure by the Fund’s HYPE Custodian to exercise due care in the safekeeping of the Fund’s HYPE could result in a loss to the Fund. Shareholders cannot be assured that the SUI Custodian will maintain adequate insurance with respect to the SUI held by the custodian on behalf of the Fund.

The Fund is not actively managed and will not take any actions to take advantage, or mitigate the impacts, of volatility in the price of SUI. An investment in the Fund is not a direct investment in SUI. Investors will also forgo certain rights conferred by owning SUI directly. Shares of the Fund are generally bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Only Authorized Participants may trade directly with the Fund and only large blocks of Shares called "creation units." Your brokerage commissions will reduce returns.

If an active trading market for the Shares does not develop or continue to exist, the market prices and liquidity of the Shares may be adversely affected.

Shares in the Fund are not FDIC insured and may lose value and have no bank guarantee.

This material must be accompanied or preceded by a prospectus. Carefully consider the Fund’s investment objectives, risk factors, and fees and expenses before investing. For further discussion of the risks associated with an investment in the Fund please read the Fund’s prospectus: https://cdn.21shares.com/uploads/product_documents/Prospectus/THYP.pdf

The Marketing Agent is Foreside Global Services, LLC

21Shares US LLC is the Sponsor to the Fund.

21Shares is not affiliated with Foreside Global Services LLC.

FalconX is not affiliated with Foreside Global Services LLC.

© 2026. 21Shares US LLC. No part of this material may be reproduced in any form, or referred to in any other publication, without written permission.


FAQ

What did 21shares (TXXS) announce on June 11, 2026 about the Fortune Crypto 100?

21shares announced it was named to the inaugural Fortune Crypto 100 list in the DATs and ETFs category. According to 21shares, this highlights its role in shaping digital assets through innovation, influence, scale, and long-term impact across global crypto ETP markets.

Why is 21shares (TXXS) recognition in the Fortune Crypto 100 list important for investors?

Being included in the Fortune Crypto 100 signals that 21shares is considered influential in digital assets. According to 21shares, the award reflects its focus on product innovation, operational execution, and expanding investor access to crypto ETFs in the U.S. and globally.

What is the 21shares Hyperliquid ETF (THYP) mentioned in the TXXS announcement?

THYP is the 21shares Hyperliquid ETF, described as the first spot HYPE product ETF for U.S. investors. According to 21shares, THYP is not registered under the Investment Company Act of 1940 and is subject to significant risk and heightened volatility for investors.

Is the 21shares Hyperliquid ETF (THYP) associated with higher risk for TXXS investors?

THYP is described as subject to significant risk and heightened volatility. According to 21shares, Hyperliquid assets may not suit investors who cannot afford a total loss, and an investment in THYP is not a direct investment in the underlying HYPE asset.

How many crypto ETPs does 21shares (TXXS) offer globally and in the U.S.?

21shares reports more than 60 crypto ETPs issued internationally and 15 ETPs in the U.S. According to 21shares, its U.S. lineup spans single-asset, diversified index, leveraged, and actively managed funds aimed at broad digital asset exposure.

What is 21shares (TXXS) strategic focus in the U.S. digital asset market?

21shares indicates it is heavily focused on U.S. product innovation and operational excellence. According to 21shares, the company is investing in product development, expanding its crypto ETP lineup, and seeking to increase investor access to digital assets amid growing macro and portfolio interest.