Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
FalconX Reportedly Set to Acquire 21Shares in Major Crypto Fund Deal

FalconX Reportedly Set to Acquire 21Shares in Major Crypto Fund Deal

CoinspeakerCoinspeaker2025/10/21 16:00
By:By Parth Dubey Editor Hamza Tariq

FalconX is reportedly set to acquire leading ETP issuer 21Shares in a deal aimed at developing derivatives-based crypto funds.

Key Notes

  • FalconX is reportedly acquiring leading ETP issuer, 21Shares.
  • The merger will focus on derivatives-based crypto funds.
  • Move signals convergence between crypto trading infrastructure and asset management.

Institutional crypto trading firm FalconX is reportedly in talks to acquire 21Shares, one of the largest digital asset exchange-traded product (ETP) issuers globally. The deal will be financed through a mix of cash and equity.

The specific terms of this acquisition are not disclosed yet. However, executives from both firms confirmed that the merged entity will focus on launching crypto funds built around derivatives and structured investment products.

FalconX and 21Shares: Merging Trading Power With ETF Expertise

Founded in 2018 by Raghu Yarlagadda, FalconX has rapidly become a leading player in institutional crypto services. It has processed more than $2 trillion in trades and serves over 2,000 clients worldwide.

The company specializes in institutional trading, staking, and credit services, and reached an $8 billion valuation in its 2022 funding round.

Meanwhile, Zurich-based 21Shares, also founded in 2018, manages over $11 billion in assets across 55 listed exchange-traded products.

The firm had co-launched the first US spot Bitcoin ETF in partnership with ARK Investment.

Additionally, 21Shares has built one of the largest portfolios of altcoin ETPs, with products spanning Solana SOL $182.9 24h volatility: 5.9% Market cap: $100.02 B Vol. 24h: $8.19 B , Dogecoin DOGE $0.19 24h volatility: 7.1% Market cap: $28.83 B Vol. 24h: $2.66 B and diversified crypto indexes.

Report states that the merger aims to combine FalconX’s liquidity, custody, and derivatives infrastructure with 21Shares’ expertise in ETF design and distribution.

According to The Wall Street Journal, crypto trading firm FalconX has agreed to acquire 21Shares. Executives from both companies said the merged entity will focus on developing crypto funds based on derivatives and structured products. Deal terms were not disclosed, but the…

ETF Momentum Builds

The deal marks one of the most significant consolidations between a trading platform and an ETF manager in the crypto space. It comes at a time when many analysts believe the market may be entering a new “ETF season.”

Bloomberg’s senior ETF analyst Eric Balchunas recently noted that there are now 155 crypto ETP filings spanning 35 different cryptocurrencies, reflecting a surge in institutional interest.

Balchunas describes the wave of new filings as a potential “land rush” for crypto investment vehicles. He predicts that the number of products could exceed 200 within the next year.

There’s now 155 crypto ETP filings tracking 35 different digital assets. Could easily end up seeing over 200 hit mkt in next 12mo. Total land rush. Here’s the list by coin, amazing work from @JSeyff pic.twitter.com/dKyiySxn0H

Meanwhile, spot Bitcoin ETFs recorded a net inflow of $477.2 million on October 21 amid renewed bullish momentum.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Updates Today: BitMine's Pursuit of Ethereum 'Alchemy': 3% Ownership Targeting 5% Milestone

- BitMine acquires 3.63M ETH (3% supply), advancing its "Alchemy of 5%" goal to control 5% of Ethereum's network. - Aggressive buying positions BitMine as second-largest crypto treasury globally, with staking via MAVAN stabilizing its balance sheet. - Upcoming Fusako upgrade (Dec 3) aims to boost staking efficiency, but market remains fragile with $3,000 resistance and $2,850 support critical. - Institutional caution grows as Ethereum ETFs see $500M outflows, while analysts question BitMine's $2,840 averag

Bitget-RWA2025/11/28 10:26
Ethereum Updates Today: BitMine's Pursuit of Ethereum 'Alchemy': 3% Ownership Targeting 5% Milestone

DeFi Faces a Trust Challenge: Balancer Recovers $8 Million Following $128 Million Hack

- Balancer proposes $8M repayment plan after $128M exploit, returning funds to liquidity providers via pro-rata in-kind distribution. - Whitehat actors receive 10% bounties in rescued tokens; non-socialized model ensures pool-specific funds go only to affected LPs. - Exploit exposed systemic risks in DeFi's composable pools, with attackers exploiting rounding errors despite 11 prior audits by four firms. - Governance vote will finalize distribution framework, with claim interface enabling 90-180 day token

Bitget-RWA2025/11/28 10:10
DeFi Faces a Trust Challenge: Balancer Recovers $8 Million Following $128 Million Hack

AI-driven SaaS Revolution: PetVivo Reduces Expenses by 50-90%, C3.ai Collaborates with Microsoft

- PetVivo.ai cuts veterinary client acquisition costs by 50-90% using AI agents, achieving $42.53 per client vs. $80-$400 industry norms. - C3.ai's Microsoft partnership boosts stock 35% as Azure integration enables enterprise AI scalability through unified data operations. - AI-driven SaaS models like PetVivo's $3/lead platform and C3.ai's 19-27% revenue growth highlight AI's disruptive potential in traditional industries. - Both companies face challenges scaling beta results and converting pilots to long

Bitget-RWA2025/11/28 10:10